(News Bulletin 247) – Oddo BHF reaffirms its ‘outperformance’ opinion on Dassault Systèmes with a price target raised from 47 to 49 euros, while maintaining its unchanged forecasts for the software publisher, ahead of an investor day ( CMD) scheduled for June 9.
‘Despite the recent rebound, the title is still lagging behind in terms of performance over one year compared to the main software players in Europe and compared to its main PLM peers’, underlines the analyst.
Oddo BHF thinks that “the catch-up should continue, thanks to the announcement of these new objectives and the reacceleration of growth from the second quarter of 2023, driven in particular by the recovery in China”.
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