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Technology Stocks : ASML Holding NV
ASML 1,389-0.4%Jan 23 9:30 AM EST

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To: niek who wrote (1118)5/26/2006 12:15:14 PM
From: niek  Read Replies (1) of 43176
 
Citigroup Upgrades ASML To Buy From Hold

Friday, May 26, 2006
Dow Jones Newswires

0543 GMT [Dow Jones] Citigroup upgrades ASML (ASML) to buy from hold and lifts price target to EUR20.70 from EUR18.80, reflecting several opportunities that lie ahead for the company. Sees increasing semi content that will be required in the replacement cycles, a technology lead and increasing consumer demand over the next years as driving the further rollout of ASML's capacity. Also expects "greater desire for leading edge tools due to increased demand for both memory and logic integrated circuits."
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