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ASML: Oddo still a buyer after CMD

(CercleFinance.com) - Oddo BHF reiterates its 'outperform' rating on ASML shares, along with a target price of 900 euros (meaning upside potential of 37%), pretty much sticking to its forecasts the day after the lithography equipment supplier's CMD.


It was difficult to surprise on the upside given expectations. In addition, although it was well structured, there was less to discover about growth potential than at ASMi's CMD the previous day, the analyst said after the presentation.

However, according to the research firm, this meeting confirms ASML's structural growth profile, which benefits in particular from the growth of the semiconductor market and the structural increase in investments.


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