(News Bulletin 247) – The stock is supported by analyst comments. Indeed, Bernstein maintains its market performance recommendation and raises the price target from 39 to 42 euros.
KEY GRAPHIC ELEMENTS
The stock is back on a support level which constituted the old upper limit of the previous weekly range in which the stock was located. The €42 zone therefore constitutes in the very short term an opportunity to position yourself for purchase in order to aim for a rebound towards €44. Breaking support would imply significant bearish breakouts.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on DASSAULT SYSTEMES stock in the short term.
Active investors will take a purchase position on the DASSAULT SYSTEMES stock at a price of €42,350 with a target of €44,000 in their sights. They will protect their capital by placing a stop at €41,240.
News Bulletin 247 advice
DAILY DATA CHART
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