Dassault Systèmes: Oddo still says buy

(CercleFinance.com) - Oddo BHF is maintaining its "outperform" rating on software publisher Dassault Systèmes shares, along with its target price of 47 euros (cp: 38.
3 euros, +0.7%).

Dassault Systèmes (DSY) once again offers a good buy opportunity (for investors), the analyst says. After a difficult year in the stockmarket in 2022, the group has largely reassured investors regarding its growth prospects in a less buoyant environment.

Oddo says that the group's 2023 guidance seems to us to be built to achieve a "beat and raise" regarding its progress, particularly in terms of margin. It also notes that in 2023, DSY should open a new chapter in its history with new medium-term targets and potentially transforming M&A.



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