ASML: stock up on broker's comments
(CercleFinance.com) - ASML Holding is up 0.
5% in Amsterdam today, thanks to positive comments from Morgan Stanley, which maintains its "overweight" rating on the share of the Dutch manufacturer of lithography equipment, while raising its target price from 210 euros to 250 euros.
"EU semis have performed well since summer (+30% ASML & +25% STM vs SOX +12%)," the broker notes, which says, "We remain positive on both despite higher near-term valuations."
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.
5% in Amsterdam today, thanks to positive comments from Morgan Stanley, which maintains its "overweight" rating on the share of the Dutch manufacturer of lithography equipment, while raising its target price from 210 euros to 250 euros.
"EU semis have performed well since summer (+30% ASML & +25% STM vs SOX +12%)," the broker notes, which says, "We remain positive on both despite higher near-term valuations."
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.