Wells Fargo Maintains Overweight on ASML Holding, Lowers Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph Quatrochi maintains an Overweight rating on ASML Holding but lowers the price target from $1185 to $1000.
October 03, 2024 | 5:13 pm
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Wells Fargo analyst Joseph Quatrochi maintains an Overweight rating on ASML Holding but lowers the price target from $1185 to $1000.
The lowering of the price target from $1185 to $1000 by Wells Fargo suggests a less optimistic outlook on ASML's future performance, which could lead to a short-term negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100