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Fly News Breaks for April 6, 2015
SAP
Apr 6, 2015 | 07:37 EDT
Wells Fargo downgraded SAP to Underperform saying the stock is fully valued while the company faces a "fundamental challenge" in transitioning to cloud computing. Wells believes SAP is "paying for the poor technical decisions made last decade." It has a EUR56-EUR60 price target range for shares.
News For SAP From the Last 2 Days
SAP
Apr 24, 2024 | 12:12 EDT
Berenberg raised the firm's price target on SAP to EUR 195 from EUR 190 and keeps a Buy rating on the shares.
SAP
Apr 24, 2024 | 08:10 EDT
HSBC raised the firm's price target on SAP to EUR 200 from EUR 180 and keeps a Buy rating on the shares. The company's Q1 report was "solid even if not spectacular" as it sees continued strong momentum, the analyst tells investors in a research note. The firm says SAP's long-term revenue growth prospects are supported by a shift to cloud combined with monetization of its artificial intelligence opportunity.
SAP
Apr 24, 2024 | 05:33 EDT
Barclays lowered the firm's price target on SAP to $210 from $212 and keeps an Overweight rating on the shares post the Q1 report. SAP is well positioned for artificial intelligence, but the near-term financial impact is likely to be limited, while any restructuring creep should drive further EBIT upside, files to sell common stock, no amount given
SAP
Apr 22, 2024 | 18:11 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSCrane... To see the rest of the story go to thefly.com. See Story Here