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Bernstein Keeps Their Buy Rating on ASML Holding NV (0QB8)

Tipranks - Tipranks - Sat Apr 18, 5:12AM CDT

In a report released yesterday, David Dai CFA from Bernstein maintained a Buy rating on ASML Holding NV, with a price target of €1,700.00. The company’s shares closed yesterday at €1,222.60.

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Dai CFA covers the Technology sector, focusing on stocks such as Tokyo Electron, Advantest, and ASML Holding. According to TipRanks, Dai CFA has an average return of 19.9% and a 78.87% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ASML Holding NV with a €1,499.88 average price target, which is a 22.68% upside from current levels. In a report released yesterday, Deutsche Bank also maintained a Buy rating on the stock with a €1,600.00 price target.

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Based on ASML Holding NV’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €8.77 billion and a net profit of €2.76 billion. In comparison, last year the company earned a revenue of €7.74 billion and had a net profit of €2.36 billion

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