Benzinga | Jul 30, 2021 08:53AM EDT

Societe Generale Downgrades Dassault Systemes To Hold, Increased Price Target Is Fully Priced At Current Levels

* Societe Generale analyst Derric Marcon downgraded Dassault Systemes SE (OTC:DASTY) to Hold from Buy with a price target of (euro)46, up from (euro)45.40, implying a 0.1% upside.

* Marcon acknowledged the solid fundamentals but dismissed the shares as fully priced at current levels post the Q2 results.

* Price action: DASTY shares closed lower by 0.51% at $54.66 on Thursday.