Raising ASML’s FVE to $160 as EUV insertion approaches for foundry customers.
ASML saw torrid top-line growth in its second quarter thanks to node migration that has led to robust demand in logic and memory markets. The narrow-moat company continues to prep to meet its near-term EUV shipments goal via wafer capacity. Despite the company’s recent sales success and considerable progress toward ambitious goals, we expect the company’s top-line growth to decelerate in 2019. We are maintaining our $150 fair value estimate for narrow-moat ASML, and therefore view ASML shares at...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.