Bank of America Lowers ASML's Target Price Amidst Waning Demand for Advanced Lithography Systems in North America
2 day ago / Read about 0 minute
Author:小编   

Bank of America has downgraded the share price of lithography equipment manufacturer ASML, primarily driven by market perceptions of a slowdown in demand for ASML's latest high-numerical-aperture extreme ultraviolet (EUV) lithography systems. As a pioneering force in the global chip equipment manufacturing industry, ASML's target share price has been revised by Bank of America from €795 to €759. Furthermore, forecasts for earnings per share for 2026 and 2027 have undergone downward adjustments.

ASML encounters market challenges that encompass tightening export control regulations and uncertainties surrounding demand, which have collectively dented its business outlook and investor confidence.

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