JPMorgan issues updated analyst ratings for global equities

JPMorgan has issued several updated analyst ratings and price targets for various international companies.

For Hana Microelectronics, JPMorgan raised its price target to 61.00 THB from 53.00 THB while maintaining a ‘Buy’ rating. This follows a second-quarter performance where the company reported revenue of 5.37 billion THB and a net profit of 326.31 million THB.

Regarding Schneider Electric, JPMorgan maintained a ‘Neutral’ rating, noting that while market sentiment for the US investment goods sector has been pessimistic, there remain solid arguments for European sector players.

For Thyssenkrupp, JPMorgan increased the price target from 15 to 17 Euro but kept its rating at ‘Neutral’. The adjustment is based on expectations of rising steel prices and potential profit acceleration in the European steel industry for late 2026 and 2027.

Finally, for ASML Holding, JPMorgan lowered its price target from $2,400 to $2,350 while maintaining an ‘Overweight’ rating. In contrast, Citi raised its target for ASML from €2,200 to €2,300, also maintaining a ‘Buy’ recommendation. These adjustments follow ASML’s third-quarter results, which included a net profit of 5.0 billion Euro and an upward revision of its full-year revenue guidance.