BofA raised the firm’s price target on ASML (ASML) to EUR 986 from EUR 941 and keeps a Buy rating on the shares. The firm, which thinks Q3 results address “key concerns,” raised its calendar year 2025 and 2026 EPS estimates by 2.8% and 5.5%, respectively, on higher gross margins, lower operating expenses and higher EUV deliveries in 2026.
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