(News Bulletin 247) – Invest Securities raises its opinion on Dassault Systèmes from ‘neutral’ to ‘buy’ with an unchanged price target of 38 euros, the day after a decline in the stock (-7%) which seems exaggerated and constitute an opportunity to be taken advantage of.
“The first quarter of 2023 is certainly slightly below expectations, but the disappointment is limited to China, which should catch up over the rest of the year”, judges the analyst, who also points to a good commercial pipeline.
Invest Securities also highlights extremely buoyant medium and long-term prospects, the gradual improvement in short-term momentum and the M&A option thanks to the finalized deleveraging.
Copyright (c) 2023 News Bulletin 247. All rights reserved.
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
