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ASML price target raised to $1,150 from $965 at Susquehanna

Susquehanna analyst Mehdi Hosseini raised the firm’s price target on ASML (ASML) to $1,150 from $965 and keeps a Positive rating on the shares. The firm said they expect ASML to deliver a beat-and-raise quarter when it reports quarterly results on October 15 before the open, driven by strong EUV demand and resilient bookings momentum. While some of this optimism is already reflected in the current share price, they believe further upside remains.

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