JMP Securities Reiterates Market Outperform on SAP, Maintains $179 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has reiterated a Market Outperform rating on SAP (NYSE:SAP) and maintained a price target of $179.
October 19, 2023 | 2:46 pm
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POSITIVE IMPACT
SAP's stock is likely to be positively impacted by JMP Securities' reiteration of a Market Outperform rating and a maintained price target of $179.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, JMP Securities' reiteration of a Market Outperform rating and a maintained price target of $179 for SAP indicates a positive outlook for the company's stock. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100