Top Calls on Wall Street: Palantir, Micron, Meta, Alphabet, Orion Group & More

Here are the biggest calls on Wall Street on Thursday:

Phillip Securities initiates Palantir stock with Buy rating, $208 target

Phillip Securities initiated coverage on Palantir Technologies with a Buy rating and a price target of $208.00 on Thursday.

The firm expects Palantir’s group revenue to grow 47% year-over-year to $4.2 billion in fiscal year 2025, with commercial revenue projected to increase 51%, outpacing government revenue growth of 43%. This shift is attributed to increased AI adoption in enterprises and expansion beyond defense into broader industry use cases.

William Blair initiated coverage of Micron Technology with an Outperform rating

William Blair initiated coverage of Micron Technology with an Outperform rating, forecasting a fair value of approximately $450 per share.

Analysts project Micron’s high-bandwidth memory revenue to increase by 164% in fiscal 2026 and 40% in fiscal 2027. Micron’s adjusted earnings per share are expected to rise by 275% over the next two years, reaching $41.77 in fiscal 2027.

Jefferies says to buy the dip in Meta, reiterates stock as top pick

Meta Platforms offers an attractive entry point following its recent pullback, according to Jefferies. In a Wednesday note, the firm outlined five reasons why investors should buy the stock at its current valuation.

Jefferies reiterated its buy rating on shares of Meta and listed the stock as its top pick. Shares of Meta have slipped 7% in January and 16% over the past three months. However, analyst Brent Thill’s $910 price target implies a 48% upside from where the stock closed on Wednesday.

Raymond James upgraded Alphabet to a strong buy rating from outperform

Raymond James believes that Alphabet's artificial intelligence investments support further upside from here. The firm upgraded the "Magnificent Seven" titan to a strong buy rating from outperform. Analyst Josh Beck also hiked his price target to $400 from $350, which signals upside of 22% from Wednesday's close.

GOOG 1Y mountain GOOG 1Y chart A reassessment of Google Search and Cloud has let to a material upward revision in his 2026 and 2027 estimates for the company, Beck wrote. He noted that Raymond James' estimate now sits at the Street high for 2027 revenue.

JPMorgan sees big gains for two stocks in a unique industry: water dredging

JPMorgan is betting that a niche corner of U.S. infrastructure — marine construction and dredging — is entering a multi-year upswing with help from increased government spending.

On Thursday, the investment bank initiated research coverage on Orion Group and Great Lakes Dredge & Dock with overweight ratings. Both companies are players in the U.S. dredging market, closely tied to the energy industry and based in Houston, and analyst Tomohiko Sano expects double-digit earnings growth ahead for each.