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Fly News Breaks for November 30, 2018
ASML
Nov 30, 2018 | 07:34 EDT
Barclays analyst Andrew Gardiner views the recent pullback in shares of ASML as providing a long-term buying opportunity. ASML shares have given back their gains and are roughly flat on the year, with investor fears over a slowing memory market offsetting the positive estimate momentum seen year-to-date, Gardiner tells investors in a research note. The analyst says that while such fears are understandable given concerns over end-market demand and memory pricing, his analysis suggests they are overdone. He believes consensus expectations factoring in a 25% cut to memory spending is a worst case scenario. With limited downside to 2019 numbers, investors "should have comfort to look again to the long-term story," says Gardiner. The analyst has a Overweight rating on ASML with a price target of EUR 210.
News For ASML From the Last 2 Days
ASML
Apr 18, 2024 | 05:11 EDT
Grupo Santander analyst Carlos Trevino downgraded ASML to Underperform from Neutral with a EUR 635 price target.
ASML
Apr 17, 2024 | 16:32 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
ASML
Apr 17, 2024 | 11:59 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
ASML
Apr 17, 2024 | 09:41 EDT
Unusual total active option classes on open include: Steel Dynamics (STLD), Gildan Activewear (GIL), Danaher (DHR), Altimeter Growth (GRAB), Childrens Place (PLCE), ASML (ASML), US Bancorp (USB), iShares Barclays 7 to 10 Year Treasury Bond Fund (IEF), AMC Entertainment (AMC), and Abbott (ABT).
ASML
Apr 17, 2024 | 08:56 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Alcoa (AA)... To see the rest of the story go to thefly.com. See Story Here
ASML
Apr 17, 2024 | 05:26 EDT
"We expect second-quarter total net sales between EUR 5.7 billion and EUR 6.2 billion with a gross margin between 50% and 51%. ASML expects R&D costs of around EUR 1,070 million and SG&A costs of around EUR 295 million. Our outlook for the full year 2024 is unchanged, with the second half of the year expected to be stronger than the first half, in line with the industry's continued recovery from the downturn. We see 2024 as a transition year with continued investments in both capacity ramp and technology, to be ready for the turn in the cycle," said ASML president and CEO Peter Wennink.