Deutsche Bank Elevates Nemetschek to Buy, Lowers Target to €85 on AI Monetisation Potential and Bluebeam Momentum
Deutsche Bank upgraded Nemetschek to a buy rating while reducing its price target to €85 from €100, citing underappreciated AI monetisation potential and sales momentum at Bluebeam Max. The bank said market sentiment appears overly negative after Nemetschek shares fell more than 50% from their peak, and argued the company meets investor criteria fo…