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Capgemini price target lowered to EUR 145 from EUR 150 at Jefferies

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.

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