Dassault Systèmes: Invest Securities raises target price
(CercleFinance.com) - Invest Securities confirms its "buy" rating on the Dassault Systèmes share, having raised its corresponding target price raised from 172 euros to 178 euros: after what it says are reassuring quarterly results and an improvement in the commercial pipeline that gives hope for a better second half.
Above all, since the acquisition of Medidata, the analyst points to a much more diversified profile - both from a geographical point of view and in terms of sector outlets and product offerings, which he considers to be an enormous asset in the current context of high uncertainties.
In a PLM (product lifecycle management) world where valuations are beginning to cause us serious concern, Dassault Systèmes is currently our only "buy" stock amongst big names, the broker adds.
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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.
Above all, since the acquisition of Medidata, the analyst points to a much more diversified profile - both from a geographical point of view and in terms of sector outlets and product offerings, which he considers to be an enormous asset in the current context of high uncertainties.
In a PLM (product lifecycle management) world where valuations are beginning to cause us serious concern, Dassault Systèmes is currently our only "buy" stock amongst big names, the broker adds.
Copyright (c) 2020 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.