Assystem: Invest Securities downgrades to Neutral


(AOF) – Invest Securities lowered its Buy recommendation to Neutral and increased its price target from 58 euros to 59 euros on Assystem after the publication of 2023 results. “While the stock has increased by 50% since the end of October, it no longer has sufficient potential to justify a Buy recommendation,” explains the design office.

“Especially since the CT momentum is in our opinion less favorable, in particular regarding Expleo whose sale is more complicated than expected, both in terms of price and timing,” adds the analyst.

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