Key facts
- Bank of America raised ASML's price objective to €1,921.
- The upgrade is based on an improved outlook for EUV lithography capacity.
Bank of America (BofA) has increased its price objective for ASML Holding NV stock to €1,921. This adjustment is based on an improved outlook for extreme ultraviolet (EUV) lithography capacity. ASML is a critical supplier of photolithography systems essential for producing advanced microchips, playing a vital role in the AI supply chain.