Handelsbanken lowers its short-term recommendation for technology company Dynavox to hold from buy and its long-term recommendation to market perform from outperform. The three-year target price is lowered to SEK 83 from 87.

The bank believes that it may be wise to take some profits and wait for a more attractive buying opportunity, as the stock may experience a somewhat bumpy ride over the next six months.

"Although we still believe that the long-term growth prospects are good, we are lowering our long-term recommendation to market perform (outperform) and our short-term recommendation to hold (buy). Our lowered target price of SEK 83 (87) over three years is justified by our forecast adjustments and corresponds to a P/E ratio per 2026 of 26x," SHB writes.

The share falls 4.3 percent to SEK 59.80.