JPMorgan raised the firm’s price target on ASML (ASML) to $1,275 from $1,175 and keeps an Overweight rating on the shares. JPMorgan also added the shares to its Analyst Focus List. The semiconductor capital equipment group is the most attractive segment in the sector heading into 2026 and ASML is the top pick, the analyst tells investors in a research note. The firm believes memory will be the main source of upside. It expects strong orders for long lead time suppliers like ASML in Q4.
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