BofA Cuts ASML Price Target Despite Raising Earnings Estimates
The Fly reported that BofA lowered its ASML price target while raising earnings estimates. Shares were down approximately 0.86% at $1,635.80 in October 15 morning trading.
The Fly reported that BofA lowered its price target for ASML despite increasing its earnings estimates, putting the lithography equipment supplier’s valuation in sharper focus. ASML shares were at $1,635.80 at 11am EST, down approximately 0.86% from the previous close, during October 15 morning trading.