UBS Maintains Neutral Rating for Nemetschek Amid Slow Digitalization Progress

UBS has given Nemetschek a "Neutral" rating and a price target of 115 euros.

According to analyst Michael Briest, the slow pace of digitalization in the sector suggests that Nemetschek is unlikely to be a leader in AI advancements.

However, AI is already proving beneficial for architects in the early stages of design.

The report acknowledges the ongoing challenges in the industry but also highlights the potential of AI to enhance architectural processes.

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