FRANKFURT (dpa-AFX Broker) - Bankhaus Metzler has downgraded Nemetschek from "Buy" to "Hold", but raised its target price from 77 to 80 euros. Following the recent price increase, the shares of the software developer for the construction industry had also reached the price target, which had been raised to 80 euros, analyst Oliver Frey explained in a study published on Tuesday. From a valuation perspective, there is not much room for upside at this level./bek/edh

Publication of the original study: 23.01.2024 / 07:58 / CET

First distribution of the original study: 23.01.2024 / 07:58 / CET

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