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ASML Holding NV (NASDAQ:ASML) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research note issued on Thursday.

Several other analysts have also recently commented on the stock. Analysts at Pacific Crest upgraded shares of ASML Holding NV from a “sector perform” rating to an “outperform” rating in a research note on Monday, July 21st. Analysts at RBC Capital raised their price target on shares of ASML Holding NV from $54.00 to $61.00 in a research note on Thursday, July 17th. They now have an “underperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $87.76.

ASML Holding NV (NASDAQ:ASML) opened at 94.92 on Thursday. ASML Holding NV has a 1-year low of $79.66 and a 1-year high of $101.85. The stock’s 50-day moving average is $90.82 and its 200-day moving average is $87.8. The company has a market cap of $41.499 billion and a price-to-earnings ratio of 21.13.

ASML Holding NV (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $1.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.03 by $0.21. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.60 billion. During the same quarter last year, the company posted $0.52 earnings per share. ASML Holding NV’s revenue was up 17.7% compared to the same quarter last year. On average, analysts predict that ASML Holding NV will post $3.24 earnings per share for the current fiscal year.

ASML Holding NV (NASDAQ:ASML) is the Netherlands-based holding company active in the field of technology.

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