ASML Holding (ASML) was Downgraded to a Hold Rating at Susquehanna


ASML Holding (NASDAQ: ASML) received a Hold rating and a $200 price target from Susquehanna analyst Mehdi Hosseini today. The company’s shares closed yesterday at $176.33, close to its 52-week low of $168.30.

According to TipRanks.com, Hosseini is a 4-star analyst with an average return of 9.1% and a 47.9% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Hewlett Packard Enterprise, and Applied Materials.

Currently, the analyst consensus on ASML Holding is a Hold with an average price target of $195, which is a 10.6% upside from current levels. In a report issued on October 12, B.Riley FBR also maintained a Hold rating on the stock with a $170 price target.

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The company has a one-year high of $221.66 and a one-year low of $168.30. Currently, ASML Holding has an average volume of 847.8K.

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ASML Holding NV engages in the development, production, marketing, sale and servicing of advanced semiconductor equipment, consisting of lithography related systems. It mainly caters the makers of memory chips and logic chips. The company was founded on April 1, 1984 and is headquartered in Veldhoven, Netherlands.

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