Hopper58 schreef op 16 april 2025 22:10:
ASML (ASML) Price Target Reduced by BofA Amid Tariff Concerns | ASML Stock News
GuruFocus News
Apr. 16, 2025 at 3:30 p.m. ET
Bank of America (BofA) has revised its price target for ASML (ASML, Financial), bringing it down to EUR 759 from EUR 859, although it maintains a Buy rating for the company. This adjustment comes as a response to uncertainties in the current tariff landscape, which could present challenges for the broader economic environment.
Despite these potential tariff issues, ASML has not observed any decline in demand or delays in customer orders. However, the company has adjusted its gross margin forecasts, now projecting a range of 50% to 53% for the second quarter. This reflects the potential impact of an unstable macroeconomic climate.
While responding to these external pressures, BofA has made only slight adjustments to its earnings forecasts for ASML after reviewing its latest quarterly performance. The investment firm continues to see value in the semiconductor machinery manufacturer, even amidst potential headwinds.
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