BofA Sees Limited China Risk for ASML Holding N.V. (ASML), Maintains Top Pick Rating
ASML Holding N.V. (NASDAQ:ASML) is one of the AI Stocks in Focus on Wall Street. On January 27, BofA Securities analyst Didier Scemama reiterated a Buy rating on the stock with a $1,672.00 price target. The firm maintains its “Top Pick” stance on ASML, seeing limited China threat and highlighting inflection in edge AI. Bofa highlighted that it hosted Erik Hosler, former Chief Technology Officer and Founder at xLight Inc. The discussions between them have led the firm to believe that China is a limited com ...