ASML jumps on UBS price-target call with 61.7% upside
UBS set a 2,350 price target for ASML, about 61.7% above Tuesday’s Amsterdam close. U.S.-listed ASML shares fell about 1.6% to $1,669.47 as climbing bond yields pressured tech.
ASML Holding NASDAQ:ASML, the Dutch semiconductor-equipment heavyweight, scored a massive 2,350 price target from UBSroughly 61.7% above Tuesday's Amsterdam close.
Wall Street was not celebrating yet.
ASML's U.S.-listed shares fell approximately 1.6% to $1,669.47 as climbing bond yields hit technol…