Oddo BHF has reiterated its 'outperform' rating on Wavestone, with its target price raised from €56 to €60 to take account of its new forecasts and the value creation associated with the acquisition of Q_Perior.

Aware of the risks inherent in this type of operation (which he considers to be more moderate), and of the macro risk (the company seems well equipped to face them)', the analyst nevertheless considers the stock market opportunity linked to this operation to be attractive.

In addition, after half-year results deemed highly satisfactory and slightly ahead of expectations, Oddo BHF believes that Wavestone 'seems to be displaying a resilience in the current environment that the market has not previously recognized'.

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