Jefferies analyst Charles Brennan lowered the firm’s price target on Dassault Systemes (DASTY) to EUR 28 from EUR 31 and keeps an Underperform rating on the shares. Q1 results missed the mid point of guidance for the fifth time in six quarters while unchanged fiscal year guidance implies accelerating growth into hardening comps, the analyst tells investors.
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Read More on DASTY:
- Dassault Systemes price target lowered to EUR 36 from EUR 37 at Citi
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- Dassault Systemes price target lowered to EUR 35 from EUR 38 at JPMorgan
- Dassault Systemes price target lowered to EUR 42.50 at Morgan Stanley
- Dassault Systemes price target lowered to EUR 36 from EUR 44.40 at Berenberg
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