ASML Holding NV Message Board

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Technology Stocks : ASML Holding NV

ASML 1,359

+2.0%

Jan 16 9:30 AM EST

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To: FJB who wrote (1665)	3/10/2009 1:35:25 PM
From: niek	Read Replies (1) of 43091

March 10, 2009, 1:22 pm ASML: Nomura Ups Rating After Recent 20% Slide Posted by Eric Savitz ASML Holding (ASML) shares are sharply higher after Nomura analyst Gunnar Plagge this morning upped his rating on the semiconductor equipment company to Neutral from Reduce. He raised his target price to 12.90 Euros, from 9.50. Plagge writes in a research note that his upgrade follows a recent 20% slide in ASML’s stock price and the reduction of consensus estimates to more realistic levels. He also says that signs of progress in the restructuring of the Taiwanese DRAM industry increases his confidence in forward earnings estimates. ASML today is up $1.55, or 10.8%, to $15.88.

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