TD Cowen Maintains Hold on SAP, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains a Hold rating on SAP and raises the price target from $234 to $240.
October 22, 2024 | 4:39 pm
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TD Cowen analyst J. Derrick Wood maintains a Hold rating on SAP and raises the price target from $234 to $240, indicating a slightly positive outlook.
The increase in the price target from $234 to $240 suggests a slightly positive outlook for SAP, although the Hold rating indicates no strong buy or sell recommendation. This could lead to a modest positive impact on SAP's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100