ASML: Buy Rating Reaffirmed as Analyst Sees Unwarranted Valuation Discount with Price Target Maintained at $2,452
Tip Ranks·- Bank of America Securities analyst Didier Scemama reaffirmed a buy rating on ASML Holding NV while maintaining a price target of 2,452.00 euros. - The rating is driven by an unjustified valuation discount compared to peers, alongside superior revenue and earnings growth projections. - Factors such as expanding profit margins, rising EUV adoption, and resilient demand support the attractive entry point for investors.