Reported 2 days ago
ASML Holding N.V. has been upgraded to 'Buy' by New Street Research, highlighting its strong position in the semiconductor capital equipment market and projecting a price target of €790. The firm expects ASML to outpace growth estimates for 2026, fueled by high demand in leading-edge wafer fab equipment and minimal risk of market share loss in China. Despite potential industry pullbacks, ASML's order intake appears stable, positioning it favorably against its peers for future growth.
Source: YAHOO