0718 GMT - Dassault Systemes extended its midterm target of doubling earnings to 2029 from 2028, and it will need to grow faster than it has over much of the past decade to meet its goal, Jefferies analysts say in a research note. The French software company's target implies a compound annual growth rate of 15% over the 2025-29 period, which compares with growth of about 9% it achieved in the better part of the past decade, the analysts say. "Given Dassault's track record, most will assume back-end loaded targets leave risk on the table," the analysts say. "The challenge for Dassault today is to explain why this midterm reset won't lead to a similar reset in two years' time." Shares fall 0.7%. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

June 06, 2025 03:18 ET (07:18 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.