Alten: Invest Securities raises target price
(CercleFinance.com) - Invest Securities has identified a buy opportunity in Alten shares the day before it publishes its Q3 sales figures.
Beyond the share price's recent decline (-7.4% over the last two weeks), analysts believe that the publication could well pleasantly surprise the market, due to management's usual caution and improved visibility in the sector, the broker says.
The analyst reiterates his buy recommendation on the share, raising his corresponding target price to 92 euros versus 89 euros.
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