Dassault Systemes S.A. (NASDAQ: DASTY) was downgraded by Deutsche Bank (NYSE: DB) from a “hold” rating to a “sell” rating in a research note issued on Wednesday.
Separately, analysts at HSBC (NYSE: HBC) downgraded shares of Dassault Systemes S.A. from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, November 2nd. Also, analysts at UBS AG (NYSE: UBS) downgraded shares of Dassault Systemes S.A. from a “buy” rating to a “neutral” rating in a research note to investors on Friday, October 28th.
Dassault Systemes SA, along with its subsidiaries, develops three-dimensional (3D) and Product Lifecycle Management (PLM) software solutions powered by 3D representation. The Company’s software applications address a range of products, from apparel, consumer goods, machine parts and semiconductors to automobiles, aircraft, ships and factories. Its global customer base includes companies primarily in 11 sectors: automotive; aerospace; industrial equipment; consumer goods; consumer packaged goods; energy; high-tech; shipbuilding; life sciences; construction, and business services. Dassault Systemes SA operates through a number of wholly owned subsidiaries, including Dassault Systemes SAS and Dassault Systemes Provence SAS, based in France, Dassault Systemes Deutschland GmbH, based in Germany, Dassault Systemes K.K., based in Japan, Dassault Systemes SolidWorks Corp. and Dassault Systemes Enovia Corp., based in the United States and Dassault Systemes Holding Canada Inc., based in Canada.