Eight Wall Street firms hiked their price targets on Applied Materials (NASDAQ:AMAT) in a single coordinated wave on May 15, following the chip equipment giant’s record Q2 FY2026 results. New targets cluster between $500 and $550, with every firm keeping a bullish stance. For long-term investors, the unanimous price target raise signal validates the AI ... Eight Firms Just Piled Into Applied Materials: Wall Street Hikes Price Targets After Record Quarter