Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Anusuya Lahiri

Goldman Sachs Upgraded ASML To Conviction Buy - Read Why

ASML Goldman Sachs ASML Holding NV

Goldman Sachs analyst Alexander Duval upgraded ASML Holding NV (NASDAQ:ASML) to Conviction Buy from Buy with a €930 price target (57.20% upside).
Duval sees ASML as a "core Digital Enabler" given its monopoly position on Extreme Ultraviolet Lithography.
ASML's de-rating from 29-times price to expected 2025 earnings to 23-times despite improving orders and customer datapoints has created an improved risk-reward.
ASML reported fourth-quarter FY21 revenue of €4.99 billion, up 17.2% Y/Y missing the consensus. The Q4 net bookings were €7.1 billion.
ASML sees Q1 2022 net sales of €3.3 billion - €3.5 billion.
Price Action: ASML shares closed higher by 0.53% at $654.10.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Residents of South L.A. will finally be compensated after the detonation of illegal fireworks back in 2021

Residents of South L.A. will finally be compensated after the detonation of illegal fireworks back in 2021

The detonation resulted in a massive explosion that injured 17 people, mostly Latinos and Blacks

Ed Davey's Lib Dems topple three Cabinet ministers as they win record number of seats

Ed Davey's Lib Dems topple three Cabinet ministers as they win record number of seats

Lib Dems defeat Education Secretary Gillian Keegan, Culture Secretary Lucy Frazer and Justice Secretary Alex Chalk

Evening Standard

UK's centre-left Labour sweeps to power as leader Starmer vows to bring change

UK's centre-left Labour sweeps to power as leader Starmer vows to bring change

Keir Starmer has vowed to bring change to Britain as its next prime minister after his Labour Party won a landslide victory in parliamentary elections, ending 14 years of Conservative government. But he also acknowledged bringing change would not be easy.

Radio France Internationale

Hurricane Beryl takes aim at the Mexican resort of Tulum as a Category 3 storm

Hurricane Beryl takes aim at the Mexican resort of Tulum as a Category 3 storm

Hurricane Beryl has strengthened back into a Category 3 storm and is headed for what could be a direct hit on Mexico’s Caribbean coast resort of Tulum, where authorities are urging tourists to leave white sand beaches

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Keir Starmer: 'We did it,' Labour leader tells campaigners as Rishi Sunak concedes election in Tory disaster

Keir Starmer: 'We did it,' Labour leader tells campaigners as Rishi Sunak concedes election in Tory disaster

By shortly after 4am, 16 ministers had lost their bids to hold onto their seats as Rishi Sunak’s Conservatives suffered an election hammering

Evening Standard

Nigel Farage elected Westminster MP at the eighth attempt as Reform UK leader wins Clacton

Nigel Farage elected Westminster MP at the eighth attempt as Reform UK leader wins Clacton

Reform UK leader comfortably beats Conservative incumbent Giles Watling with 21,225 votes - a majority of 8,405

Evening Standard

Related Stories

Top stories on inkl right now

Residents of South L.A. will finally be compensated after the detonation of illegal fireworks back in 2021

Residents of South L.A. will finally be compensated after the detonation of illegal fireworks back in 2021

The detonation resulted in a massive explosion that injured 17 people, mostly Latinos and Blacks

Ed Davey's Lib Dems topple three Cabinet ministers as they win record number of seats

Ed Davey's Lib Dems topple three Cabinet ministers as they win record number of seats

Lib Dems defeat Education Secretary Gillian Keegan, Culture Secretary Lucy Frazer and Justice Secretary Alex Chalk

Evening Standard

UK's centre-left Labour sweeps to power as leader Starmer vows to bring change

UK's centre-left Labour sweeps to power as leader Starmer vows to bring change

Keir Starmer has vowed to bring change to Britain as its next prime minister after his Labour Party won a landslide victory in parliamentary elections, ending 14 years of Conservative government. But he also acknowledged bringing change would not be easy.

Radio France Internationale

Hurricane Beryl takes aim at the Mexican resort of Tulum as a Category 3 storm

Hurricane Beryl takes aim at the Mexican resort of Tulum as a Category 3 storm

Hurricane Beryl has strengthened back into a Category 3 storm and is headed for what could be a direct hit on Mexico’s Caribbean coast resort of Tulum, where authorities are urging tourists to leave white sand beaches

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Keir Starmer: 'We did it,' Labour leader tells campaigners as Rishi Sunak concedes election in Tory disaster

Keir Starmer: 'We did it,' Labour leader tells campaigners as Rishi Sunak concedes election in Tory disaster

By shortly after 4am, 16 ministers had lost their bids to hold onto their seats as Rishi Sunak’s Conservatives suffered an election hammering

Evening Standard

Nigel Farage elected Westminster MP at the eighth attempt as Reform UK leader wins Clacton

Nigel Farage elected Westminster MP at the eighth attempt as Reform UK leader wins Clacton

Reform UK leader comfortably beats Conservative incumbent Giles Watling with 21,225 votes - a majority of 8,405

Evening Standard

Our Picks

Travelling by Ann Powers review – a dazzling life of Joni Mitchell

A sweeping study of Mitchell’s life and work that swerves familiar touchstones to create a vibrant, multi-faceted portrait

The Guardian - UK

Colorado’s mysterious monolith taken down after too many visitors come to view strange object

The owners of the Morning Fresh Dairy Farm, where the object appeared, said it was being kept safe and that the creator could have it back if they wanted

The Independent UK

Kindle (2022) review: Easy to use technology that's changed the way I read

For anyone wanting an easy, comfortable way to read books, the Kindle is a small, light, and affordable option

“It’s a primal, unconscious reaction. An honor bestowed upon only the best riffs”: What’s the science behind a stank face riff? We asked everyone from Mike Stringer to Periphery and Nik Nocturnal to define metal guitar’s ultimate accolade

Contorting a listener’s face in loving disgust is the highest compliment a metal musician can receive – but what makes a great stank face riff? We set out to discover the secret sauce..

Why did The Man with 1000 Kids have so many children? A psychologist explains his motivations

The shocking documentary has confused Netflix viewers, leaving many to wonder why Jonathan Jacob Meijer acted the way he did

Hail caesar! At 100 years old, the world’s best salad is having a renaissance

Chefs from around the world celebrate in Tijuana, where an Italian immigrant used leftovers to invent a world-conquering dish

The Guardian - US

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play