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Fly News Breaks for July 20, 2018
SAP
Jul 20, 2018 | 06:11 EDT
Berenberg analyst Gal Munda views the post-earnings pullback yesterday in shares of SAP as a buying opportunity. The company's Q2 results were "broadly positive with a beat on the top line driven by the Cloud business," Munda tells investors in a research note. He keeps a Buy rating on SAP with a price target of EUR 106.
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 | 11:59 EDT
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
