RBC: ASML Poised for Price Hikes Amid Multiyear EUV Supply Squeeze; Price Target Up
() -- RBC Capital Markets increased its price target for ASML (ASML.AS), noting that a multiyear supply bottleneck for extreme ultraviolet lithography machines leaves the company well-placed to execute pricing actions. "EUV mix should improve in 2027 as the company ships fewer 3600D units and more E and F variants. ASM