BofA analyst Didier Scemama raised the firm’s price target on ASML (ASML) to $1,886 from $1,868 and keeps a Buy rating on the shares. The firm is raising estimates on tight Foundry/DRAM supply, noting that it raised its calendar year 2026-28 EPS estimates by a range of 4%-6%.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASML:
- Chinese Chip Chiefs Call for a National Effort to Take On Europe and the U.S.
- ASML: Innovation-Led Growth and Attractive Valuation Support Buy Rating and Elevated Price Target
- ASML: Strengthening Customer Concentration and Locked-In Revenues Underpinning Buy Rating Despite Geopolitical Risks
- ASML Files 2025 Annual Report, Showcasing Scale, Profitability and AI‑Driven Growth
- ASML: New 1000W EUV Light Source Strengthens Technology Moat and Supports 27% Upside Potential by 2026