Report
Stephane Houri ...
  • Wim Gille

ASML : Surprising on the upside was going to be tough, but the structural profile is confirmed, and the forecasts are built on conservative assumptions…

>Outperform rating: surprising on the upside was a tall order, but the structural growth profile is confirmed beyond any possible doubt - Following ASML’s CMD yesterday, we are maintaining our Outperform rating, leaving our forecasts largely unchanged and our target price is still € 900, or upside of 37%. Surprising on the upside was going to be tough in view of the expectations. Moreover, although it was well structured, there was less to discover on the growth poten...
Underlying
ASML Holding NV

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Stephane Houri

Wim Gille

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