ASML shares down as Morgan Stanley removes from Top Pick list

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ASML Inc. (ASML) PT Lowered to $1,149 at BofA Securities, 'remains our Top pick in EU Semicaps'

September 6, 2024 5:43 AM EDT

BofA Securities analyst Didier Scemama lowered the price target on ASML Inc. (NASDAQ: ASML) to $1,149.00 (from $1,406.00) while maintaining a Buy rating.

The analyst comments "We cut our FY25/26E EPS by 11% and 8%, respectively, on the back of lower revenue assumptions. We now... More