JP Morgan Maintains Overweight on ASML Holding, Lowers Price Target to $732
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sandeep Deshpande maintains an Overweight rating on ASML Holding (NASDAQ:ASML) but has lowered the price target from $772 to $732.
October 11, 2023 | 7:17 pm
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NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on ASML Holding but lowers the price target from $772 to $732. This could potentially impact the stock's performance in the short term.
The news of JP Morgan maintaining an Overweight rating on ASML Holding but lowering the price target could have mixed effects on the stock. While the Overweight rating indicates a positive outlook, the lowered price target might cause some investors to reassess their positions, potentially leading to short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100