Argus analyst Jim Kelleher lowered the firm’s price target on ASML (ASML) to $1,000 from $1,250 but keeps a Buy rating on the shares. The company’s Q4 delivered record revenue and EPS that topped consensus expectations, though bookings, including for ASML’s extreme ultraviolet machines, were down 23% year over year, the analyst tells investors in a research note. ASML continues to signal lessened exposure to China in 2025, but stronger demand in traditional regional markets, the firm added.
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