Dassault Systemes: Bryan Garnier raises target price
(CercleFinance.com) - Following the Capital Markets Day organised by Dassault Systèmes, an analyst at Bryan Garnier has said that he maintains his "Neutral" recommendation on the stock, although has raised his fair value from 100 euros to 112 euros.
In particular, the broker believes that the targets set for 2023 are more realistic than those set four years ago for 2019, which are supported by many medium-term catalysts (3DExperience, experience provided to clients, increase in the number of clients, etc.).
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
In particular, the broker believes that the targets set for 2023 are more realistic than those set four years ago for 2019, which are supported by many medium-term catalysts (3DExperience, experience provided to clients, increase in the number of clients, etc.).
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.