Wells Fargo Maintains Overweight on ASML Holding, Raises Price Target to $1150
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi has maintained an Overweight rating on ASML Holding (NASDAQ:ASML) and increased the price target from $1050 to $1150.
April 02, 2024 | 1:36 pm
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Wells Fargo has maintained an Overweight rating on ASML Holding and raised the price target from $1050 to $1150.
The upgrade in the price target by a reputable analyst like Joseph Quatrochi suggests a strong confidence in ASML Holding's future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in ASML's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100