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UBS downgrades Nemetschek to neutral raises price target to 115 euros

UBS has raised its price target for Nemetschek shares from 98 to 115 euros but downgraded the stock from "Buy" to "Neutral" due to its strong performance. Analyst Michael Briest noted that the potential for surprises in 2025 appears limited, and the shares are now highly valued. Since its initial recommendation, Nemetschek has gained 135%.
08:50 11.11.2024

UBS downgrades Nemetschek to neutral while raising price target to 115 euros

UBS has upgraded its price target for Nemetschek shares from 98 to 115 euros but downgraded the stock from "Buy" to "Neutral" due to its strong performance, indicating that future surprises in 2025 are limited and the shares are highly valued. The analysis highlights that much of the potential is already reflected in the current price.
07:15 11.11.2024
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