Capgemini price target lowered to EUR 150 from EUR 187 at Jefferies

Jefferies analyst Charles Brennan lowered the firm’s price target on Capgemini (CGEMY) to EUR 150 from EUR 187 and keeps a Hold rating on the shares. Capgemini is “a decent, well run business but one that is operating in a challenging end market,” according to the analyst, who adds that incremental data points have “all skewed negatively in recent weeks.”