JMP Securities Maintains Market Outperform on SAP, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens maintains a Market Outperform rating on SAP (NYSE:SAP) and raises the price target from $220 to $245.
July 23, 2024 | 1:56 pm
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POSITIVE IMPACT
JMP Securities has maintained a Market Outperform rating on SAP and increased the price target from $220 to $245, indicating strong confidence in the company's future performance.
The raised price target and maintained Market Outperform rating from JMP Securities suggest a positive outlook for SAP's stock. This is likely to boost investor confidence and could lead to a short-term increase in SAP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100