JPMorgan Chase maintains a "overweight" rating on Asme, with a target price of $1518.
JPMorgan Chase released a research report stating that, driven by orders from TSMC and Samsung Electronics, it is expected that ASML's fourth-quarter order volume will reach 7 billion euros, about 4% higher than market consensus expectations. The bank maintains its "overweight" rating on ASML's American stocks with a target price of $1518. This target price represents approximately a 20% increase from the stock's closing price on January 14th.
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