Dassault Systèmes: Invest Securities raises target price

(CercleFinance.com) - Invest Securities reaffirms its "buy" rating on the Dassault Systèmes share, having raised its corresponding target price from 178 euros to 200 euros, judging that, in a PLM universe that is currently booming in the stockmarket, its stock appears to be unfairly discounted.


In the broker's opinion, the group has solid assets, with a much better sector diversification than before the previous crisis and a particularly timely development in the life sciences sector following the acquisition of Medidata at the end of 2019.

The company's comments were also relatively reassuring on the outlook for its industrial sectors, which bodes well for the third quarter, the analyst added.


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