ASML price target raised to $941 from $724 at BofA

BofA raised the firm’s price target on ASML (ASML) to $941 from $724 and keeps a Buy rating on the shares after Nvidia (NVDA) announced a broad partnership with Intel (INTC) that includes a $5B equity injection. A potentially more competitive Intel in both datacenters and PCs should be positive for Semicaps, the analyst tells investors in a research note.