Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Semiconductor stocks swing: What's next?
Views 2.4M Contents 373

ING, a Bank in Netherlands, increases ASML price target & Geopolitical Nonsense?

$ASML Holding(ASML.US)$ Great figures from TSMC and ASML do not prevent Big Tech and smaller chip stocks from making an impact on the stock exchanges. Has the AI ​​bubble burst, or is this pure geopolitics? But a bank ING in Netherlands says this ..... >>>>
(ABM FN-Dow Jones) ING increased the price target for ASML on Thursday from 1,000 to 1,050 euros while maintaining the buy recommendation. This emerged from a report from the bank. Analysts at the bank spoke of a good update on ASML's second quarter, with a healthy order inflow. The figures were somewhat overshadowed by threatening language from the US about export restrictions for China. [Nonsense, if you asked me ?]
ING takes into account a limited impact of additional restrictions for China. "The downside risk is acceptable." In addition to the geopolitical news, ING remains positive about the ASML share, with upside risks for the financial framework for 2025 and 2030.
ING increased its earnings per share and free cash flow estimates for the period 2025 and 2026 by an average of 5 percent. As a result, ING arrived at a higher price target. 
ASML up today... 15.20 h European Time. ...  + 10 à 20 €  between 853 and 833 €. Have a nice VS Market today
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
10
+0
Translate
Report
19K Views
Comment
Sign in to post a comment
    Retired investment advisor & Dr.
    103Followers
    74Following
    514Visitors
    Follow