Goldman Sachs Maintains Buy on SAP, Raises Price Target to $207
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mohammed Moawalla has reaffirmed a Buy rating on SAP (NYSE:SAP) and increased the price target from $185 to $207.
January 26, 2024 | 3:06 pm
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Goldman Sachs analyst reaffirms Buy rating on SAP and raises price target to $207.
The reaffirmation of a Buy rating and an increase in the price target by a prominent investment bank like Goldman Sachs typically instills confidence in investors and can lead to a positive short term price movement for the stock.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100