Applied Materials Shares Rise 5.75% Amid Citi Price Target Hike and Booming Demand

SentiSense · Published Jun 17, 2026, 5:51 AM ET · Updated Jun 17, 2026, 5:51 PM ET

Applied Materials shares surged 5.75% after Citi raised their 12-month price target for the stock from $450 to $710. The news of strong demand for chi...