Deutsche Bank Starts Cymer, Inc. (CYMI) at Hold; Trading at 160% to ASML

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Deutsche Bank initiates coverage on Cymer, Inc. (NASDAQ: CYMI) with a Hold. PT $58.00.

Deutsche analyst, said, "While we believe CYMI shares offer a more defensive way to play the rising capital intensity trend in the semicap sector, recent share price strength suggests some of these positives may already be discounted in the current valuation, which is at a significant premium to semicap peers and ASML (Nasdaq: ASML)."

For an analyst ratings summary and ratings history on Cymer, Inc. click here. For more ratings news on Cymer, Inc. click here.

Shares of Cymer, Inc. closed at $61.26 yesterday, with a 52 week range of $34.57-$62.10.

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