Agentic AI Stocks Rally: Palantir, UiPath, C3.ai Soar

Agentic AI stocks are rallying, with Palantir surging 10%, UiPath climbing 7%, and C3.ai gaining 5%. This follows a re-rating of the cohort after they initially lagged behind Palantir's earlier rise. Bank of America raised Palantir's price target to $255, suggesting a 50% upside. Analysts highlighted Palantir's AI strategy and expanding U.S. commercial business. The iShares Expanded Tech-Software Sector ETF is also up 3%, showing broad software sector participation. Palantir's CEO noted strong demand for AI sovereignty, a key factor for analysts. UiPath and C3.ai are rising in sympathy, even without specific company news today. This upward movement suggests a potential broader rally for agentic AI stocks.