Barclays raised the firm’s price target on ASML (ASML) to EUR 900 from EUR 680 and keeps an Overweight rating on the shares. The firm says recent announcements have driven European semicap stocks on the path back towards highs last seen in Q2 of 2024. It has turned more positive on wafer fab equipment in 2026 and 2027 but sees more fab announcements as crucial for further upside from here.
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