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Citigroup raised the target share price of Asmack Holdings from 2,200 euros to 2,300 euros; HSBC raised the target share price of Asmack Holdings from 2,177 euros to 2,261 euros; Jefferies lowered the target share price of Asmack Holdings from 1,650 euros to 1,590 euros per share; and J.P. Morgan Chase lowered the target price of Asmack Holdings from 2,400 US dollars to 2,350 US dollars. On Wednesday, Asmack raised its full-year forecast for the third time this year, boosting demand for advanced semiconductor manufacturing equipment due to the acceleration of AI infrastructure construction. The Dutch group expects annual sales of 44 billion to 45 billion euros, equivalent to 49.27 billion to 50.39 billion US dollars; previously, the forecast was 43 billion to 45 billion euros. Meanwhile, gross margin is expected to be around 56%, compared to the previous forecast range of 54% to 56%.
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Citigroup raised the target share price of Asmack Holdings from 2,200 euros to 2,300 euros; HSBC raised the target share price of Asmack Holdings from 2,177 euros to 2,261 euros; Jefferies lowered the target share price of Asmack Holdings from 1,650 euros to 1,590 euros per share; and J.P. Morgan Chase lowered the target price of Asmack Holdings from 2,400 US dollars to 2,350 US dollars. On Wednesday, Asmack raised its full-year forecast for the third time this year, boosting demand for advanced semiconductor manufacturing equipment due to the acceleration of AI infrastructure construction. The Dutch group expects annual sales of 44 billion to 45 billion euros, equivalent to 49.27 billion to 50.39 billion US dollars; previously, the forecast was 43 billion to 45 billion euros. Meanwhile, gross margin is expected to be around 56%, compared to the previous forecast range of 54% to 56%.
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