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ASML price target raised to $1,331 from $1,092 at BofA

BofA raised the firm’s price target on ASML (ASML) to $1,331 from $1,092 and keeps a Buy rating on the shares. The sees fiscal 2027 as an “inflection” for ASML and expects the stock to re-rate higher. Lithography intensity will rise as ASML captures a greater share of wallet in DRAM, and its gross margins should expand on better mix, the analyst tells investors in a research note. BofA says ASML is one of its “25 stocks for 2026.”

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