Capgemini: Morgan Stanley maintains 'overweight' rating

(CercleFinance.com) - Morgan Stanley reiterates its "overweight" rating on the Capgemini share, along with its target price of 126 euros, saying that it remains positive regarding the acquisition of Altran, with its updated assumptions suggesting "c.
26-28% EPS accretion".

"We believe concerns around a potential price increase are overdone and with lower street expectations for 2Q org. growth we are positive into results on July 30th," the broker adds.


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