ASML Crosses Above Average Analyst Target
August 24, 2016 at 07:49 AM EDT
In recent trading, shares of ASML Holding NV (ASML) have crossed above the average analyst 12-month target price of $107.78, changing hands for $108.49/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..