ASML : In Q1 2024, attention will be focused on order intake
>Ahead of Q1 24 results, we reiterate our Outperform recommendation with a target price of € 1,100 - ASML is due to publish its Q1 2024 results on 17 April before market open market with a conference call at 3.00 p.m. CET. Unsurprisingly, we anticipate a relatively weak Q1 2024, in line with the group's guidance. However, we think that the market's attention will be focused on order intake in Q1 2024, which we expect to come in above forecasts. We therefore reiterate ...ASML Holding provides lithography systems for the semiconductor industry, manufacturing machines that are used in the production of integrated circuits or chips. Co. develops, produces, markets, sells and services advanced semiconductor equipment systems exclusively consisting of lithography systems. Co. sells its products to micro-processor manufacturers and Foundries, NAND-Flash memory and DRAM memory chipmakers. Co.'s products line includes the following: PAS 5000 lithography systems, which Co. no longer manufactures but continues to refurbish; PAS 5500 products; TWINSCAN DUV systems and TWINSCAN EUV systems based on a new platform utilizing the concepts of the TWINSCAN platform.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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