Dassault Systemes price target raised to EUR 31 from EUR 27 at Jefferies

Jefferies raised the firm’s price target on Dassault Systemes (DASTY) to EUR 31 from EUR 27 and keeps an Underperform rating on the shares. The firm noted that “signing strategic customers gives these results a more positive feel than prior periods,” but argued that growth recovery to match SAP, a scenario the analyst called a “considerable stretch,” is already priced into the shares.