Capgemini gains more than 1% on the back of positive comments from Invest Securities, which raises its opinion from 'neutral' to 'buy' with an updated price target of €178 to €200 on the stock, following the continuation of the recent underperformance of the share price.

Although it has slightly lowered its estimated NBI for 2022-24 (-0.5%/-4.5%/-2.9%), the research firm believes that the IT services group 'should be able to resist much better than in previous recessionary cycles'.

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