ASML dips
ASML stock dips as Morgan Stanley cuts rating
Morgan Stanley analysts reduced their rating on ASML Holding (ASML) shares from Overweight to Equal-weight, and cut the price target from €925 to €800, citing “late-cycle dynamics” that could impact the company's earnings growth prospects in 2025 and 2026.
While many of its chip sector peers have soared this year, ASML has struggled with a cyclical slowdown in the market for ...
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