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J.P. Morgan Keeps Their Buy Rating on ASML Holding NV (0QB8)

Tipranks - Tipranks - Fri Apr 17, 1:43AM CDT

J.P. Morgan analyst Sandeep Deshpande maintained a Buy rating on ASML Holding NV today and set a price target of €1,515.00.

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Deshpande covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Adyen, and Nokia. According to TipRanks, Deshpande has an average return of 14.5% and a 58.26% success rate on recommended stocks.

In addition to J.P. Morgan, ASML Holding NV also received a Buy from Barclays’s Simon Coles in a report issued yesterday. However, on the same day, DZ BANK AG maintained a Hold rating on ASML Holding NV (LSE: 0QB8).

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Based on ASML Holding NV’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €9.72 billion and a net profit of €2.84 billion. In comparison, last year the company earned a revenue of €9.26 billion and had a net profit of €2.69 billion

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