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Technology Stocks : Semi Equipment Analysis
SOXX 296.26-3.9%4:00 PM EST

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Sam
To: Sam who wrote (94635)7/1/2025 12:05:52 PM
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ASML target cut at BofA on Foundry/Logic risks
Sam Boughedda

Tue, July 1, 2025 at 9:05 AM MDT 1 min read

finance.yahoo.com

Investing.com -- Bank of America lowered its price target for ASML (AS:ASML) to €759 from €795 in a note to clients on Tuesday, citing multiple risks to Foundry and Logic demand, particularly in 2026.

The firm maintained its Buy rating on the stock, arguing that the valuation remains attractive at 19.6 times estimated 2026 EV/EBITDA, below its 10-year median of 22x.

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