0934 GMT - Dutch chip-making equipment supplier ASML Holding has potential to grow further in the coming years as momentum is strong in the near-to-medium term, UBS analysts write in a note to clients. They raise their growth estimates for the company to factor in higher expectations for logic and memory orders as well as demand from China. They expect revenue growth of 23% and 14% in 2026 and 2027, respectively, compared to 14% and 9% previously. The analysts also raise their price target for the stock to 1,400 euros from 1,030 euros. ASML shares trade 0.9% lower at 1,110.20 euros. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
January 20, 2026 04:34 ET (09:34 GMT)
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