ASML upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Simon Coles upgraded ASML to Overweight from Equal Weight with a price target of EUR 1,150, up from EUR 930. Recent news flow and concerns have created an attractive entry point “for this high-quality name,” the analyst tells investors in a research note. The firm says ASML’s capital markets day in November is a possible positive catalyst. It models further double-digit growth in 2026 after expected strength in 2025. Barclays recommends buying the stock following the 20% pullback.