Morgan Stanley, ASML
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.
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A significant shareholding is being unloaded to the public.
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One pundit tracking the company is particularly concerned about the performance of its foundational snacks business.
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