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Berenberg Lifts ASML Holding (ASML) PT to €1,050 on Strong Q3 and DRAM Growth Outlook
Yahoo Finance· 2025-10-30 13:31
Core Insights - ASML Holding is identified as a top growth stock for the next five years, with recent price target increases from multiple financial institutions based on strong Q3 results and positive industry trends [1][2][3] Price Target Adjustments - Berenberg raised ASML's price target to EUR 1,050 from EUR 735, maintaining a Buy rating, citing the company's strong Q3 results and anticipated growth in DRAM spending in 2026 and beyond [1] - Deutsche Bank increased its price target to EUR 1,000 from EUR 900, also with a Buy rating, driven by ASML's Q3 performance and high orders for extreme ultraviolet (EUV) lithography systems [2] - Morgan Stanley adjusted its price target to EUR 975 from EUR 950, maintaining an Overweight rating following the Q3 earnings report [3] Industry Context - ASML Holding specializes in lithography solutions for advanced semiconductor equipment systems, which are critical for the development and production of semiconductors [3]