Dassault Systemes Needs More Investment to Retain Customers, Jefferies Says
Dow Jones
Sep 28
0953 GMT - Dassault Systemes is marked to continue underperforming as the French software company remains stuck in a low-growth cycle, Jefferies analysts write. With AI creating potential new entrants, Dassault should work harder to remain front of mind for customers, adding that "low levels of investment are unlikely to help," the analysts say. They add there is little in the macro backdrop to suggest an imminent recovery for Dassault. Jefferies reinstates coverage on the stock with an underperform rating and 16.00 euro price target. Shares are up 0.5% at 21.17 euros but are down 9.5% year to date.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.