ASML (ASML) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
(Bloomberg) -- Hot on the heels of becoming Europe’s second-largest company by market value, ASML Holding NV got a fresh boost as Bank of America Corp. raised its price target to a level above all peers.Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventPutin’s Wartime Central Banker Tells Him What He Doesn’t Want to HearBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopSingapore
ASML is the IBD Stock Of The Day as the semiconductor equipment leader chalks up a big sale to major customer TSMC.