ASML: UBS still on hold

(CercleFinance.com) - UBS maintains its Neutral rating on the stock with an unchanged target price of E710, giving it 14% upside potential.


We think that the CMD will be a useful approach to focus on fundamentals, but it is unlikely to move the debate forward in the near term, UBS says.

Note that the group has updated its 2025 guidance and is now targeting sales of only E30bn/35bn, down from E30bn/40bn.


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