TD Cowen Maintains Hold on SAP, Raises Price Target to $214
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains a Hold rating on SAP (NYSE:SAP) and raises the price target from $188 to $214.

July 23, 2024 | 3:39 pm
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TD Cowen analyst J. Derrick Wood maintains a Hold rating on SAP and raises the price target from $188 to $214.
The raised price target from $188 to $214 indicates a positive outlook on SAP's future performance, which could lead to a short-term increase in stock price. However, the Hold rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100