Jefferies lowered the firm’s price target on Capgemini (CGEMY) to EUR 145 from EUR 150 and keeps a Hold rating on the shares. Capgemini reported Q1 results that were less bad than feared, but “less bad” still implies limited momentum with ongoing risks of increased competitive intensity, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CGEMY:
- Capgemini SE: Hold Rating Amid Mixed Market Signals and Modest Growth Expectations
- Capgemini price target lowered to EUR 185 from EUR 210 at Citi
- Capgemini price target lowered to EUR 180 from EUR 190 at Deutsche Bank
- Hold Rating on Capgemini Amid Potential WNS Acquisition: Financial Benefits with Limited Strategic Impact
- Capgemini price target lowered to EUR 190 from EUR 200 at Barclays