Wells Fargo raised the firm’s price target on ASML (ASML) to $1,140 from $1,105 and keeps an Overweight rating on the shares. The firm views ASML’s Q3 print as relatively clean, as bookings were largely in line and EUV the highest since Q4 2023. With ASML waiting for January to guide 2026, improving demand visibility and support for greater than low single-digit revenue growth will be a key drive of shares.
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