On Friday, Berenberg raised its price target for Teleperformance from 205 to 215 euros, saying it sees several reasons to buy the stock.

In a research note, the analyst considers that the customer experience outsourcing specialist is "misunderstood" by many investors, who associate it unfavorably with the emergence of AI.

The financial intermediary, for its part, believes that the consensus is too pessimistic about future organic growth, and says it expects organic growth of between 0% and 5% this year.

In his opinion, the Group could even end the fourth quarter with pro-forma organic growth of around 5%, a level that could herald the growth to be expected in 2025, he concludes, reiterating his buy recommendation on the stock.

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