JMP Securities Maintains Market Outperform on SAP, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on SAP and raised its price target from $245 to $300, indicating a positive outlook for the company's stock.
October 22, 2024 | 12:41 pm
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JMP Securities has maintained a Market Outperform rating on SAP and increased the price target from $245 to $300, suggesting a positive short-term outlook for the stock.
The increase in the price target from $245 to $300 by JMP Securities, along with the maintained Market Outperform rating, indicates a strong positive sentiment from analysts. 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