ASML Shares Fall Amid Growth Uncertainty and Tariff Concerns
Bernstein has cut its price target for ASML from $806 to $743 due to concerns about 2026 growth prospects, despite strong Q2 results and demand driven by AI. The company faces macroeconomic and geopolitical uncertainties, with some analysts confused by its revised outlook. ASML remains rated as a Moderate Buy with a potential 16.3% upside from current levels.