Esker climbs 4% with the support of Stifel, which raises its recommendation from 'hold' to 'buy' with a price target left at 175 euros, deeming the share's decline of nearly 25% in three months 'exaggerated' given the company's fundamentals.

The broker expects the document dematerialization specialist to post "solid revenue growth" for the first quarter, and believes that the slowdown in order intake during 2023 seems to be well integrated into the share price.

Copyright (c) 2023 CercleFinance.com. All rights reserved.