Invest Securities raises its recommendation on Dassault Systèmes from 'neutral' to 'buy', with a price target raised from 45 to 48 euros, highlighting reconstituted upside potential after the previous day's stock market reaction (-10%) and positive momentum.

"The publication does not lead to any significant change in our 2024-25 expectations, with the stock market reaction reflecting Medidata's longer-than-expected turnaround and a failure of communication on this subject", the analyst judges.

Invest Securities considers that 'the group retains a solid growth profile, with increased recurrence and visibility', the only short-term uncertainty being the next structuring acquisition.

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