Wall Street analyst calls: May 4 – May 10, 2026

Upgrades 8

QualcommBuyDaiwa Securities · Upgraded · May 8 $225 GlobalFoundriesBuySusquehanna · Upgraded, raised price target +100% · May 6 $100from $50 PalantirBuyArgus · Upgraded · May 6 $190 AMDBuyBernstein · Upgraded, raised price target +98% · May 6 $525from $265 AMDBuyGoldman Sachs · Upgraded, raised price target +88% · May 6 $450from $240 AMDBuyBernstein · Upgraded, raised price target +98% · May 6 $525from $265 AMDBuyGoldman Sachs · Upgraded, raised price target +88% · May 6 $450from $240 GlobalFoundriesBuyCantor · Upgraded · May 4 $80

Downgrades 4

LucidHoldStoneX · Downgraded · May 6 AMDHoldHSBC · Downgraded, raised price target +1% · May 4 $340from $335 Alphabet (Google)HoldFreedom Broker · Downgraded, raised price target +10% · May 4 $400from $365 AMDHoldHSBC · Downgraded, raised price target +1% · May 4 $340from $335

New coverage 1

Applied MaterialsBuyHSBC · Initiated coverage · May 8 $517

Biggest price-target increases 82

ON SemiconductorBuyKeyBanc · Raised price target +187%, kept rating · May 5 $215from $75 AMDBuyBaird · Raised price target +108%, kept rating · May 6 $625from $300 GlobalFoundriesBuySusquehanna · Upgraded, raised price target +100% · May 6 $100from $50 AMDBuyBernstein · Upgraded, raised price target +98% · May 6 $525from $265 AMDBuyBernstein · Upgraded, raised price target +98% · May 6 $525from $265 AMDBuyGoldman Sachs · Upgraded, raised price target +88% · May 6 $450from $240 AMDBuyGoldman Sachs · Upgraded, raised price target +88% · May 6 $450from $240 ON SemiconductorHoldBaird · Raised price target +79%, kept rating · May 5 $100from $56

Biggest price-target cuts 9

LucidSellMorgan Stanley · Cut price target −50%, kept rating · May 6 $5from $10 LucidHoldBaird · Cut price target −50%, kept rating · May 6 $6from $12 LucidHoldCantor · Cut price target −43%, kept rating · May 6 $8from $14 LucidHoldCanaccord Genuity · Cut price target −43%, kept rating · May 6 $8from $14 LucidHoldTD Cowen · Cut price target −30%, kept rating · May 6 $7from $10 Super Micro ComputerBarclays · Cut price target −11%, kept rating · May 7 $34from $38 PalantirHoldDA Davidson · Cut price target −8%, kept rating · May 5 $165from $180 FordHoldCiti · Cut price target −4%, kept rating · May 4 $13from $13.50

Most-covered companies

Most active firms

All notes 119

1. Daiwa Securities Upgrades Qualcomm to Outperform, $225 Price TargetFri, May 8
2. Tigress Financial Raises Qualcomm Price Target to $280Fri, May 8
3. HSBC Initiates Applied Materials at BuyFri, May 8
4. Cantor Fitzgerald Raises GlobalFoundries Price Target to $100Fri, May 8
5. Barclays Raises Arm Holdings Price Target to $250Fri, May 8
6. Wedbush Raises Apple Price Target to Street-High $400Fri, May 8
7. Cantor Fitzgerald Reiterates Underweight Rating on PolestarFri, May 8
8. Argus Raises AMD Price Target to $450Thu, May 7
9. Goldman Sachs Raises Analog Devices Price Target to $415Thu, May 7
10. Barclays Lowers Super Micro Computer Price Target to $34Thu, May 7
11. Guggenheim Raises Arm Holdings Price Target to $255Thu, May 7
12. Morgan Stanley Raises Arm Holdings Price Target to $202Thu, May 7
13. KeyBanc Raises Arm Holdings Price Target to $300Thu, May 7
14. BofA Securities Raises Arm Holdings Price Target to $245Thu, May 7
15. RBC Capital Raises Arm Holdings Price Target to $260Thu, May 7
16. Goldman Sachs Raises Arm Holdings Price Target to $150Thu, May 7
17. Needham Raises Arm Holdings Price Target to $255Thu, May 7
18. Rosenblatt Raises Arm Holdings Price Target to $270Thu, May 7
19. Wells Fargo Raises Arm Holdings Price Target to $255Thu, May 7
20. TD Cowen Raises Arm Holdings Price Target to $265Thu, May 7
21. Jefferies Raises Arm Holdings Price Target to $290Thu, May 7
22. Aletheia Capital Raises AMD Price Target to $500Thu, May 7
23. Goldman Sachs Reiterates Buy on NVIDIA, $250 Price TargetThu, May 7
24. Aletheia Flags NVIDIA Mass Production SetbackThu, May 7
25. Susquehanna Upgrades GlobalFoundries to Positive, $100 Price TargetWed, May 6
26. Wolfe Research Maintains Peerperform on TeslaWed, May 6
27. Stifel Reiterates Hold on Microsoft, $415 Price TargetWed, May 6
28. Argus Upgrades Palantir to BuyWed, May 6
29. Bernstein Upgrades AMD to OutperformWed, May 6
30. Goldman Sachs Upgrades AMD to BuyWed, May 6
31. Susquehanna Raises AMD Price Target to $450Wed, May 6
32. Mizuho Raises Micron Price Target to $740Wed, May 6
33. Evercore ISI Raises GlobalFoundries Price Target to $85Wed, May 6
34. Baird Raises GlobalFoundries Price Target to $100Wed, May 6
35. JPMorgan Raises GlobalFoundries Price Target to $70Wed, May 6
36. UBS Raises GlobalFoundries Price Target to $77Wed, May 6
37. Mizuho Raises Super Micro Computer Price Target to $30Wed, May 6
38. Bernstein SocGen Group Reiterates Market Perform Rating on Super Micro ComputerWed, May 6
39. KeyBanc Reiterates Sector Weight Rating on Super Micro ComputerWed, May 6
40. Goldman Sachs Raises Super Micro Computer Price Target to $30Wed, May 6
41. BofA Securities Raises Super Micro Computer Price Target to $28Wed, May 6
42. Needham Reiterates Buy Rating on Super Micro ComputerWed, May 6
43. Rosenblatt Raises Super Micro Computer Price Target to $40Wed, May 6
44. JPMorgan Raises Super Micro Computer Price Target to $32Wed, May 6
45. Mizuho Raises Arm Holdings Price Target to $255Wed, May 6
46. Mizuho Raises Alphabet Price Target to $460Wed, May 6
47. Loop Capital Raises AMD Price Target to $410Wed, May 6
48. DA Davidson Raises AMD Price Target to $425Wed, May 6
49. KeyBanc Raises AMD Price Target to $530Wed, May 6
50. TD Cowen Raises AMD Price Target to $500Wed, May 6
51. Truist Securities Raises AMD Price Target to $478Wed, May 6
52. Mizuho Raises AMD Price Target to $415Wed, May 6
53. Bernstein SocGen Upgrades AMD to Outperform, $525 Price TargetWed, May 6
54. Stifel Raises AMD Price Target to $450Wed, May 6
55. Goldman Sachs Upgrades AMD to Buy, $450 Price TargetWed, May 6
56. Bank of America Raises AMD Price Target to $450Wed, May 6
57. RBC Capital Raises AMD Price Target to $400Wed, May 6
58. Wolfe Research Raises AMD Price Target to $450Wed, May 6
59. Baird Raises AMD Price Target to $625Wed, May 6
60. Barclays Raises AMD Price Target to $500Wed, May 6
61. Rosenblatt Raises AMD Price Target to $490Wed, May 6
62. Wells Fargo Raises AMD Price Target to $505Wed, May 6
63. JPMorgan Raises AMD Price Target to $385Wed, May 6
64. Cantor Fitzgerald Raises AMD Price Target to $500Wed, May 6
65. Benchmark Raises AMD Price Target to $485Wed, May 6
66. Mizuho Raises Intel Price Target to $100Wed, May 6
67. Barclays Raises ON Semiconductor Price Target to $100Wed, May 6
68. UBS Reiterates Buy on Ford, $14 Price TargetWed, May 6
69. Needham Reiterates Hold Rating on LucidWed, May 6
70. Canaccord Lowers Lucid’s Price Target to $8Wed, May 6
71. Baird Lowers Lucid’s Price Target to $6Wed, May 6
72. Benchmark Downgrades Lucid to HoldWed, May 6
73. Morgan Stanley Lowers Lucid’s Price Target to $5Wed, May 6
74. TD Cowen Lowers Lucid’s Price Target to $7Wed, May 6
75. Cantor Fitzgerald Lowers Lucid’s Price Target to $8Wed, May 6
76. B. Riley Raises ON Semiconductor Price Target to $118Tue, May 5
77. KeyBanc Reiterates Overweight on Microsoft, $600 Price TargetTue, May 5
78. Raymond James Reiterates Market Perform on PalantirTue, May 5
79. Wedbush Maintains Outperform on Palantir, $230 Price TargetTue, May 5
80. Loop Capital Reiterates Buy on Palantir, $220 Price TargetTue, May 5
81. DA Davidson Lowers Palantir Price Target to $165Tue, May 5
82. Truist Maintains Buy on Palantir, $223 Price TargetTue, May 5
83. Rosenblatt Raises Palantir Price Target to $225Tue, May 5
84. Piper Sandler Reiterates Overweight on Palantir, $230 Price TargetTue, May 5
85. Cantor Fitzgerald Reiterates Neutral on Palantir, $138 Price TargetTue, May 5
86. Benchmark Reiterates Hold Rating on PalantirTue, May 5
87. KeyBanc Reiterates Sector Weight Rating on KLATue, May 5
88. Wedbush Raises GlobalFoundries Price Target to $72Tue, May 5
89. BofA Securities Raises GlobalFoundries Price Target to $60Tue, May 5
90. HSBC Raises Arm Holdings Price Target to $245Tue, May 5
91. UBS Raises Arm Holdings Price Target to $245Tue, May 5
92. Mizuho Lowers Meta Price Target to $835Tue, May 5
93. Mizuho Raises ON Semiconductor Price Target to $120Tue, May 5
94. Evercore ISI Raises ON Semiconductor Price Target to $121Tue, May 5
95. KeyBanc Raises ON Semiconductor Price Target to $215Tue, May 5
96. Baird Raises ON Semiconductor Price Target to $100Tue, May 5
97. Truist Securities Raises ON Semiconductor Price Target to $101Tue, May 5
98. Needham Raises ON Semiconductor Price Target to $110Tue, May 5
99. Rosenblatt Raises ON Semiconductor Price Target to $85Tue, May 5
100. Morgan Stanley Raises ON Semiconductor Price Target to $87Tue, May 5
101. JPMorgan Raises ON Semiconductor Price Target to $100Tue, May 5
102. TD Cowen Raises ON Semiconductor Price Target to $115Tue, May 5
103. Wells Fargo Raises ON Semiconductor Price Target to $115Tue, May 5
104. Cantor Fitzgerald Raises ON Semiconductor Price Target to $95Tue, May 5
105. RBC Capital Reiterates Sector Perform Rating on IntelMon, May 4
106. HSBC Downgrades AMD to HoldMon, May 4
107. UBS Raises Applied Materials Price Target to $480Mon, May 4
108. Morgan Stanley Raises Applied Materials Price Target to $454Mon, May 4
109. Morgan Stanley Raises GlobalFoundries Price Target to $58Mon, May 4
110. Cantor Fitzgerald Upgrades GlobalFoundries to OverweightMon, May 4
111. UBS Raises Marvell Price Target to $195Mon, May 4
112. Freedom Broker Downgrades Alphabet to Hold, $400 Price TargetMon, May 4
113. Jefferies Raises Apple Price Target to $299.88Mon, May 4
114. Bernstein Raises Apple Price Target to $350Mon, May 4
115. HSBC Downgrades AMD to Hold, $340 Price TargetMon, May 4
116. Morgan Stanley Raises AMD Price Target to $360Mon, May 4
117. RBC Capital Reiterates Sector Perform on Intel, $80 Price TargetMon, May 4
118. Citi Lowers Ford Price Target to $13Mon, May 4
119. Cantor Fitzgerald Reiterates Neutral on Lucid, $14 Price TargetMon, May 4