ASML Holding(US:ASML) 智通财经网·2025-09-17 08:32Group 1 - Morgan Stanley reaffirms "buy" rating for ASML with a target price of €822, indicating that the worst may be over for the company [1] - ASML's second-quarter report in July was disappointing, but subsequent news in August and September showed improvement, suggesting a potential recovery in the logic and memory markets [1][2] - Key indicators since summer indicate a gradual improvement, with no new negative news reported, and strong performance from major companies like Nvidia and Broadcom [2] Group 2 - The risk of weak performance guidance for ASML in 2026 is diminishing, while trends for 2027 are expected to be strong [3] - The market anticipates positive trends following ASML's revenue guidance announcement on October 15, which could support the stock price [3] - ASML's current stock price remains below the historical average P/E ratio of 30-35 times, indicating it is still attractive for investors [3]