Barclays Maintains Overweight on SAP, Raises Price Target to $212
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on SAP (NYSE:SAP) and increased the price target from $189 to $212.
April 03, 2024 | 1:32 pm
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Barclays has maintained an Overweight rating on SAP and raised the price target from $189 to $212.
The increase in price target by a reputable analyst like Raimo Lenschow from Barclays signals a strong confidence in SAP's future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in SAP's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100