ASML: Credit Suisse raises target price
(CercleFinance.com) - Credit Suisse reinstates its "outperform" rating on ASML shares, having increased its target price for them to 960 euros (from 945 euros), following the Dutch semiconductor equipment manufacturer's quarterly results.
The broker left the analyst meeting following the release "with the view that near-term demand remains strong and record high backlog provides increasing confidence on ASML meeting 2023 consensus expectations".
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