JPMorgan set Palantir stock at positive outlook with a $262 price target. Palantir is expected to report higher revenue, with investors awaiting Q4 financial outlook. The stock reversed down on revenue growth, with Palantir to report next quarter's financial performance. Palantir's market value increased to four times as much that of ServiceNow. Palantir's stock dropped 3% after hours, reducing its market capitalization by $13 billion.