Cowen analyst Derrick Wood raised the firm’s price target on SAP to $116 from $106 and keeps a Market Perform rating on the shares. The analyst said he lowered his estimates on weaker FX but the Street estimates still look conservative for 2023 with room for upside and notes he is still above consensus.
Published first on TheFly
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- CGI Inc. adds RISE with SAP to portfolio of services in Canada
- SAP price target raised to EUR 120 from EUR 115 at Deutsche Bank
- SAP price target raised to EUR 119 from EUR 116 at JPMorgan
- SAP downgraded to Underperform from Neutral at Oddo BHF
- SAP price target raised to EUR 135 from EUR 130 at Stifel
