BMO Capital Maintains Outperform on SAP, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an Outperform rating on SAP and raises the price target from $248 to $265.
October 22, 2024 | 5:06 pm
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BMO Capital has increased its price target for SAP from $248 to $265 while maintaining an Outperform rating. This suggests confidence in SAP's future performance and potential for stock price appreciation.
The increase in price target from $248 to $265 by BMO Capital indicates a positive outlook on SAP's future performance. Maintaining an Outperform rating suggests that the analyst expects SAP to perform better than the market average, which could lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100