Berenberg raised the firm’s price target on ASML (ASML) to EUR 1,050 from EUR 735 and keeps a Buy rating on the shares. ASML’s Q3 results confirmed the recent positive trend in the semi equipment industry, the analyst tells investors in a research note. The firm believes the company is well positioned to benefit from DRAM spend growth in 2026 and beyond.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASML:
- ASML price target raised to EUR 975 from EUR 950 at Morgan Stanley
- ASML price target raised to EUR 1,000 from EUR 755 at Evercore ISI
- ASML Holding NV: Navigating Mixed Performance and Market Uncertainties with a Hold Rating
- ASML price target raised to $1,140 from $1,105 at Wells Fargo
- All Eyes on TSMC Stock (TSM) as Earnings Loom and AI Boom Fuels Investor Optimism
