Analysts Boost Price Forecasts for Semiconductor Equipment Leader
Deep News
Jul 16
Financial institutions have issued revised and higher price targets for the semiconductor equipment giant ASML Holding NV.
Jefferies has increased its target price for the company's shares from 1,560 euros to 1,650 euros. TD Cowen has also raised its target, moving it from 1,600 euros to 1,900 euros.
In a separate assessment, JPMorgan has lifted its target for ASML Holding NV's US-listed shares from $2,200 to $2,400, while also increasing its target for the European-listed shares from 1,900 euros to 2,100 euros.
Additionally, the Royal Bank of Canada has revised its price objective for ASML Holding NV upwards, from $2,000 to $2,100.
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