ASML: Morgan Stanley initiates covereage as a buyer
(CercleFinance.com) - In a report on the semiconductor sector, Morgan Stanley has started to cover the ASML share with a buy ("outperform") rating.
In a sector that now has a more difficult growth outlook, analysts are less concerned about the Dutch group. In addition, "ASML is the only stock in our coverage where we have upside to consensus," the broker says.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
In a sector that now has a more difficult growth outlook, analysts are less concerned about the Dutch group. In addition, "ASML is the only stock in our coverage where we have upside to consensus," the broker says.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.