ASML shares surge after strong bookings
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Bernstein SocGen Group Reiterates Outperform Rating on ASML Holding NV (ASML:NA) (ASML)
January 29, 2025 5:56 AM ESTBernstein SocGen Group analyst Sara Russo reiterated an Outperform rating and EUR850.00 price target on ASML Holding NV (ASML:NA) (NASDAQ: ASML).
The analyst comments "Q4 and 2024 came in ahead of expectations due to stronger installed base services. GM was supported by strong upgrades business and better than anticipated costs to reach customer acceptance for two High-NA EUV systems. Bookings were the standout once again, coming in well ahead of expectations at EUR 7.1B (vs. Cons 3.5B). While a very solid set of results, its far too soon to have... More
