Bernstein analyst Stacy Rasgon expects ASML to return 70% from current levels, setting a Street-high target of $2,859
Bernstein analyst Stacy Rasgon reiterated a Buy rating on ASML and raised his price target from $2,623 to $2,859, which is the highest on Wall Street and implies a roughly 70% upside from its current trading price of $1,698.30. This comes after ASML's shares have fallen approximately 6.17% over the past month, despite improving underlying fundamentals.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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