Exane BNP Paribas initiated coverage of ASM International (ASMIY) with a Neutral rating and $561 price target The company has strong revenue growth but consensus estimates and the stock’s valuation are both “rich,” the analyst tells investors in a research note.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASMIY:
- ASM International price target lowered to EUR 716 from EUR 806 at JPMorgan
- ASM International price target lowered to EUR 730 from EUR 790 at Berenberg
- ASM International Sees Strong Q3 Growth in AI Demand
- Is ASMIY a Buy, Before Earnings?
- ASM International price target lowered to EUR 700 from EUR 750 at Deutsche Bank