Bank of America increased its target price for ASML from €1,710 to €1,921 while maintaining a 'Buy' rating; Barclays raised its target price from €1,575 to €1,900 and reiterated an 'Overweight' rating. Both brokerages believe that the market's visibility into demand for 2028 continues to improve, and there is growing confidence in the Dutch chip equipment leader's ability to break through existing EUV capacity bottlenecks.
