DASSAULT SYSTÈMES : Deutsche Bank reduces its target price
In a note, the broker said it expected a difficult start to the year for the industrial software specialist, which will publish its first-quarter results on April 25.
In its view, the good performance of the automotive-related businesses and the '3DExperience' platform is currently being offset by the slower-than-expected recovery of the life sciences and healthcare businesses.
The broker is therefore reducing its earnings forecast for the first quarter, as for the full year 2024, by 1%.
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