ASML Inc. (ASML) PT Lowered to $790 at Wells Fargo
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Go back to ASML Inc. (ASML) PT Lowered to $790 at Wells Fargo
October 17, 2024 6:37 AM EDT
Cantor Fitzgerald analyst C.J. Muse lowered the price target on ASML Holding NV (ASML:NA) (NASDAQ: ASML) to EUR750.00 (from EUR1,000.00) while maintaining a Overweight rating.
The analyst comments "This Q was obviously a disaster given order weakness and cut to the companys CY25 outlook (as discussed in our prior 2 post-earnings notes here and here). So with the stock already having traded off 20%+ since the errant press release, the major question is where does the stock bottom and what drives the stock from here?... More
October 17, 2024 6:29 AM EDT
BofA Securities analyst Didier Scemama reiterated a Buy rating and $939.00 price target on ASML Inc. (NASDAQ: ASML).
The analyst comments "We would highlight a few positive elements: (A) ASMLs China 25E revenue guide assumes a normalisation of demand and the negative impact of additional export control restrictions. This implies China... More
