ASML expects growth in 2026, US-China row to continue, CEO says

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Erste Group Downgrades ASML Inc. (ASML) to Hold

October 22, 2024 8:14 AM EDT

Erste Group analyst Hans Engel downgraded ASML Inc. (NASDAQ: ASML) from Buy to Hold.

The analyst comments "ASML disappointed with its Q3 report, announcing a significantly lower volume of new orders than expected. The forecast for revenue development in 2025 was therefore also significantly... More