Morgan Stanley raises its PT on ASML's Amsterdam-listed shares to €1,660 from €1,400.

CITIC Securities says the timing of the U.S. copper tariff assessment is approaching, reviving "tariff trades" and inventory hoarding in the copper market. Overseas precautionary stockpiling is providing firm fundamental support, while the recent sharp rise in COMEX stocks—interpreted as "trading" inventory buildup—could accelerate gains in copper prices and copper equities. The house view: the intra‑year high could challenge $15,000/ton; it recommends exposure to copper names where earnings and valuation upside align.

Yardeni, long regarded as Wall Street’s most bullish forecaster, says its S&P 500 target is 8,250 but has grown more cautious after the index cleared 7,600. The firm cited Middle East tensions, oil-supply risks, possible Federal Reserve tightening and a wave of upcoming IPOs as near‑term drivers of market volatility. It remains optimistic on the medium term, citing strong earnings momentum and AI‑driven economic growth as market supports.