Wavestone is up more than 2% with the help of favorable comments from Stifel, which initiates coverage with a 'buy' recommendation and a price target of 55 euros, on the share of this digital transformation consultancy.

We believe that the company is in a position to double its EPS in five to six years' time, largely thanks to external growth", says the broker in the summary of its note, adding that the group's track record "speaks for itself".

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