Barclays Maintains Overweight on SAP, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on SAP (NYSE:SAP) but lowers the price target from $146 to $145.
July 21, 2023 | 10:11 am
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Barclays maintains an Overweight rating on SAP but lowers the price target from $146 to $145.
The news is directly related to SAP as Barclays, a major financial institution, maintains an Overweight rating on the company but lowers the price target. This could indicate a slight decrease in confidence in the company's short-term performance, but the overall outlook remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100