How to upgrade Magento 2.4.7 to 2.4.8 safely and fix dependency conflicts?

I’m trying to upgrade my Magento project from version 2.4.7-p1 to 2.4.8 using Composer, but I’m running into dependency issues.

Here’s what I’ve tried:

composer require magento/product-community-edition 2.4.8 --no-update
composer update

After running this, I get several version conflicts like:

Your requirements could not be resolved to an installable set of packages.
 - Root composer.json requires magento/product-community-edition 2.4.8, found 2.4.8, but the package requires PHP >=8.2 and <8.4
 - laminas/laminas-code version conflict with symfony/dependency-injection

My environment:

PHP 8.2
MySQL 8.0
Elasticsearch 8.13
Magento 2.4.7-p1 (Open Source)

Questions:

1. What’s the correct Composer command to upgrade to Magento 2.4.8
   without breaking dependencies?

2. Do I need to manually update PHP or other libraries (like laminas/*
   or symfony/*) first?

3. Is there a recommended upgrade sequence for modules like
   magento/module-elasticsearch or magento/module-inventory?