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markets decline as deutsche bank announces job cuts and economic signals fluctuate

Asian equities declined as investors reacted to fluctuating economic signals, with the Nikkei 225 down 0.25%, the Shanghai Composite falling 0.38%, and the Hang Seng index dropping 1.62%. Deutsche Bank announced 2,000 job cuts to streamline operations, while the Federal Reserve maintained interest rates to support growth amid inflation concerns. Oil prices showed slight recovery due to rising supply risks from Middle Eastern conflicts, and the Euro dipped against the US Dollar.

ubs maintains neutral rating for nemetschek with target price of 115 euros

UBS has maintained a "Neutral" rating for Nemetschek, setting a target price of 115 euros, following the company's strong annual results. Analyst Michael Briest noted a lack of new signals for 2025 despite the positive performance, with Nemetschek having gained 139% since its initial recommendation.

ubs maintains neutral rating on nemetschek with target price of 115 euros

UBS has maintained a "Neutral" rating on Nemetschek, setting a target price of 115 euros. The construction software company reported strong annual results, but analysts noted a lack of new signals for 2025, according to analyst Michael Briest.

UBS maintains neutral rating for Nemetschek with target price of 115 euros

UBS has maintained a "Neutral" rating for Nemetschek, setting a target price of 115 euros, following the company's strong annual results. Analyst Michael Briest noted the absence of new signals for 2025. Meanwhile, the Adler Group is managing high borrowing costs, and PNE has sold its Swedish business.

ubs maintains neutral rating for nemetschek with target price of 115 euros

UBS has maintained a "Neutral" rating for Nemetschek, setting a target price of 115 euros. The building software specialist reported strong annual results, but analysts noted a lack of new signals for 2025, according to Michael Briest.

ubs maintains neutral rating for nemetschek with target price of 115 euros

UBS has maintained a "Neutral" rating for Nemetschek, setting a target price of 115 euros. The building software specialist reported strong annual results, but there are no new indicators for 2025, according to analyst Michael Briest.

ubs maintains neutral rating for nemetschek with target price of 115 euros

UBS has maintained a "Neutral" rating for Nemetschek, setting a target price of 115 euros. The building software specialist reported strong annual results, but there are no new indicators for 2025, according to analyst Michael Briest.

UBS Maintains Neutral Rating for Nemetschek Amid Slow Digitalization Progress

UBS has maintained a "Neutral" rating for Nemetschek, setting a price target of 115 euros following a technology conference. Analyst Michael Briest noted that the slow pace of digitalization in the sector suggests Nemetschek is unlikely to lead in artificial intelligence, although AI is already aiding architects in early design stages.
19:41 06.12.2024

UBS Maintains Neutral Rating on Nemetschek with 115 Euro Price Target

UBS has maintained a "Neutral" rating for Nemetschek, setting a price target of 115 euros following a technology conference. Analyst Michael Briest noted that the slow pace of digitalization in the sector suggests Nemetschek is unlikely to lead in artificial intelligence, although AI is already aiding architects in early design stages.
19:28 06.12.2024
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