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 BloombergPutin Is Running Out of Time to Achieve Breakthrough in UkraineThere’s Still a Way to Snag a 3% Mortgage RateSingapore Retail Tycoon’s Son Seeks $62 Million Mansion SaleHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventThe Banks That Hold Most Money in Sing
ASML is the IBD Stock Of The Day as the semiconductor equipment leader chalks up a big sale to major customer TSMC.