UBS analyst Francois-Xavier Bouvignies raised the firm’s price target on ASML (ASML) to EUR 660 from EUR 610 but keeps a Neutral rating on the shares after its Q2 results, noting that the company’s catalysts are “limited”. Despite ASML lowering expectations on FY26, the firm does not yet see this as sufficient to act as a clearing event, though it is also adjusting its model with rolled valuation to 2027 estimates, the analyst tells investors in a research note.
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