Analysts are Upgrading These 5 Tech Stocks

Page 1 of 5

In this article, we discuss the 5 tech stocks recently upgraded by analysts. If you want to see more such stocks on the list, go directly to Analysts are Upgrading These 9 Tech Stocks.

5. ASML Holding N.V. (NASDAQ:ASML)

Number of Hedge Fund Holders: 51

Susquehanna raised its ratings for ASML Holding N.V. (NASDAQ:ASML) from “Neutral” to “Positive” last week. Analyst Mehdi Hosseini upgraded the Dutch semiconductor equipment maker following its analyst day.

Hosseini expressed confidence in the company’s long-term financial strategy. He thinks ASML Holding N.V. (NASDAQ:ASML) can achieve an EBITDA CAGR of 30 percent from fiscal 2022 to 2025 and 20 percent from fiscal 2022 to 2030.

The latest coverage came just days after ASML Holding N.V. (NASDAQ:ASML) projected solid demand for the foreseeable future. The company expects its sales to double to $41 billion by 2025. Moreover, it also hinted towards potential acquisitions to meet the rising demand for advanced chips.

Follow A S M L Holding N V (NASDAQ:ASML)

Page 1 of 5