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Technology Stocks : ASML Holding NV -- Ignore unavailable to you. Want to Upgrade?


To: niek who wrote (1118)5/26/2006 12:15:14 PM
From: niek  Read Replies (1) | Respond to of 43175
 
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."