Invest Securities maintains its 'neutral' recommendation on Visiativ shares, while raising its target price for the company from €28 to €34.

The research firm believes that last night's publication of Q4 22 sales that were "reassuring and well above expectations" should be favorably received.

While short-term visibility has improved (Q4 + backlog), we'll have to wait for the presentation of the new plan in March to get a clearer idea of the financial impact of the new strategy, says the analyst.

In view of our debt position, the current uncertain environment prompts us to maintain a wait-and-see stance", concludes the broker.

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