Dassault Systèmes is down nearly 2%, penalized by a downgrade by Deutsche Bank from 'buy' to 'hold', with a price target lowered from 52 to 36 euros on the enterprise software company's stock.

While it considers that a rebound seems more likely than not, the broker believes that 'current forecasts for 2024 and medium-term targets are under threat and need to be reset, particularly for life sciences'.

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