(CercleFinance.com) – Stifel maintains its buy rating on Wavestone shares with an unchanged price target of 60 euros.
As a reminder, Wavestone published yesterday a quarterly turnover of 133 ME, up +14% organically, a performance well above Stifel’s expectations.
The broker considers that this publication is ‘very reassuring’ since it allows the group to confirm its ambition, a forecast of +7% organic growth over the year, despite a clear slowdown in the second half.
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