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ASML price target raised to EUR 1,050 from EUR 735 at Berenberg

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.

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