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   <title>KeyBanc on SAP (SAP:GR) (SAP): 'Little pointing in the positive direction for SAP this print'</title>
   <link>http://www.streetinsider.com/Intl+Ratings/KeyBanc+on+SAP+%28SAP%3AGR%29+%28SAP%29%3A+%27Little+pointing+in+the+positive+direction+for+SAP+this+print%27/26792275.html</link>
   <description>&lt;p&gt;KeyBanc analyst Jackson Ader reiterated an Overweight rating and EUR235.00 price target on SAP (SAP:GR) (NYSE: SAP).&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Little pointing in the positive direction for SAP this print; SAP is more straightforward. The macro backdrop, while steadied for a time, is not at all clear and improving, and we believe the stacking of disruptions is going to lead to soft bookings results in the quarter and in the guidance. Again, the cloud transition story and the stickiness of the SAP platform, along with improved data partnerships and products, has us Overweight on a longer-term basis, but the posture from</description>
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   <pubDate>Tue, 21 Jul 2026 07:42:38 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>KeyBanc on SAP (SAP:GR) (SAP): 'Little pointing in the positive direction for SAP this print'</title>
   <link>http://www.streetinsider.com/Intl+Ratings/KeyBanc+on+SAP+%28SAP%3AGR%29+%28SAP%29%3A+%27Little+pointing+in+the+positive+direction+for+SAP+this+print%27/26792275.html</link>
   <description>&lt;p&gt;KeyBanc analyst Jackson Ader reiterated an Overweight rating and EUR235.00 price target on SAP (SAP:GR) (NYSE: SAP).&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Little pointing in the positive direction for SAP this print; SAP is more straightforward. The macro backdrop, while steadied for a time, is not at all clear and improving, and we believe the stacking of disruptions is going to lead to soft bookings results in the quarter and in the guidance. Again, the cloud transition story and the stickiness of the SAP platform, along with improved data partnerships and products, has us Overweight on a longer-term basis, but the posture from</description>
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   <pubDate>Tue, 21 Jul 2026 07:42:38 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>KeyBanc on SAP (SAP:GR) (SAP): 'Little pointing in the positive direction for SAP this print'</title>
   <link>http://www.streetinsider.com/Analyst+Comments/KeyBanc+on+SAP+%28SAP%3AGR%29+%28SAP%29%3A+%27Little+pointing+in+the+positive+direction+for+SAP+this+print%27/26792275.html</link>
   <description>&lt;p&gt;KeyBanc analyst Jackson Ader reiterated an Overweight rating and EUR235.00 price target on SAP (SAP:GR) (NYSE: SAP).&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Little pointing in the positive direction for SAP this print; SAP is more straightforward. The macro backdrop, while steadied for a time, is not at all clear and improving, and we believe the stacking of disruptions is going to lead to soft bookings results in the quarter and in the guidance. Again, the cloud transition story and the stickiness of the SAP platform, along with improved data partnerships and products, has us Overweight on a longer-term basis, but the posture from</description>
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   <pubDate>Tue, 21 Jul 2026 07:42:38 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>KeyBanc on SAP (SAP:GR) (SAP): 'Little pointing in the positive direction for SAP this print'</title>
   <link>http://www.streetinsider.com/Analyst+Comments/KeyBanc+on+SAP+%28SAP%3AGR%29+%28SAP%29%3A+%27Little+pointing+in+the+positive+direction+for+SAP+this+print%27/26792275.html</link>
   <description>&lt;p&gt;KeyBanc analyst Jackson Ader reiterated an Overweight rating and EUR235.00 price target on SAP (SAP:GR) (NYSE: SAP).&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;Little pointing in the positive direction for SAP this print; SAP is more straightforward. The macro backdrop, while steadied for a time, is not at all clear and improving, and we believe the stacking of disruptions is going to lead to soft bookings results in the quarter and in the guidance. Again, the cloud transition story and the stickiness of the SAP platform, along with improved data partnerships and products, has us Overweight on a longer-term basis, but the posture from</description>
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   <pubDate>Tue, 21 Jul 2026 07:42:38 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>SAP AG (SAP) PT Lowered to $255 at Barclays</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/SAP+AG+%28SAP%29+PT+Lowered+to+%24255+at+Barclays/26791324.html</link>
   <description>Barclays analyst Raimo Lenschow lowered the price target on SAP AG (NYSE: SAP) to $255.00  (from $257.00) while maintaining a Overweight rating.</description>
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   <pubDate>Tue, 21 Jul 2026 05:58:11 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>Saputo Inc.: 2026 Annual General Meeting of Shareholders and Fiscal 2027 First Quarter Results</title>
   <link>http://www.streetinsider.com/Press+Releases/Saputo+Inc.%3A+2026+Annual+General+Meeting+of+Shareholders+and+Fiscal+2027+First+Quarter+Results/26788146.html</link>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, July  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc.&amp;apos;s Annual Meeting of Shareholders will be held on August 7, 2026, at 10:30 a.m. (Eastern Time), in a hybrid format. The Meeting will be conducted in-person at Lumi Experience – 1250 René-Lévesque Blvd. West, Suite 3610, Montréal, Québec, H3B 4W8, and by live webcast at &lt;a target=&quot;_blank&quot; href=&quot;https://www.globenewswire.com/Tracker?data=qTXosgztOEmcuJ1bKOU58gjbWfWpK5R1-99GjW3IHXlnyRfUoFPdk8Uawv_ObrH00nsLDkQwUbM3x6aauYtNAt0XPZkM1Yz7QqFmzrHcsYYO4p5WLm_lCBahSNJyOZOUxy2l4R9-RQab6ufSda2awiql_gp6dMLsR4w80sKkICM=&quot; rel=&quot;nofollow&quot; target=&quot;_blank&quot;&gt;https://meetings.lumiconnect.com/400-010-529-783&lt;/a&gt;.   &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Fiscal 2027 First Quarter Results&lt;/strong&gt;&lt;br/&gt;Saputo will release its fiscal 2027 first quarter results on Thursday, August 6, 2026. A press release will be issued after markets close, and a conference call is scheduled on Friday, August</description>
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   <pubDate>Mon, 20 Jul 2026 10:00:00 -0400</pubDate>
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   <title>Saputo Inc.: 2026 Annual General Meeting of Shareholders and Fiscal 2027 First Quarter Results</title>
   <link>http://www.streetinsider.com/Press+Releases/Saputo+Inc.%3A+2026+Annual+General+Meeting+of+Shareholders+and+Fiscal+2027+First+Quarter+Results/26788146.html</link>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, July  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc.&amp;apos;s Annual Meeting of Shareholders will be held on August 7, 2026, at 10:30 a.m. (Eastern Time), in a hybrid format. The Meeting will be conducted in-person at Lumi Experience – 1250 René-Lévesque Blvd. West, Suite 3610, Montréal, Québec, H3B 4W8, and by live webcast at &lt;a target=&quot;_blank&quot; href=&quot;https://www.globenewswire.com/Tracker?data=qTXosgztOEmcuJ1bKOU58gjbWfWpK5R1-99GjW3IHXlnyRfUoFPdk8Uawv_ObrH00nsLDkQwUbM3x6aauYtNAt0XPZkM1Yz7QqFmzrHcsYYO4p5WLm_lCBahSNJyOZOUxy2l4R9-RQab6ufSda2awiql_gp6dMLsR4w80sKkICM=&quot; rel=&quot;nofollow&quot; target=&quot;_blank&quot;&gt;https://meetings.lumiconnect.com/400-010-529-783&lt;/a&gt;.   &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Fiscal 2027 First Quarter Results&lt;/strong&gt;&lt;br/&gt;Saputo will release its fiscal 2027 first quarter results on Thursday, August 6, 2026. A press release will be issued after markets close, and a conference call is scheduled on Friday, August</description>
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   <title>Saputo Inc.: 2026 Annual General Meeting of Shareholders and Fiscal 2027 First Quarter Results</title>
   <link>http://www.streetinsider.com/Press+Releases/Saputo+Inc.%3A+2026+Annual+General+Meeting+of+Shareholders+and+Fiscal+2027+First+Quarter+Results/26788146.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, July  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc.&amp;apos;s Annual Meeting of Shareholders will be held on August 7, 2026, at 10:30 a.m. (Eastern Time), in a hybrid format. The Meeting will be conducted in-person at Lumi Experience – 1250 René-Lévesque Blvd. West, Suite 3610, Montréal, Québec, H3B 4W8, and by live webcast at &lt;a target=&quot;_blank&quot; href=&quot;https://www.globenewswire.com/Tracker?data=qTXosgztOEmcuJ1bKOU58gjbWfWpK5R1-99GjW3IHXlnyRfUoFPdk8Uawv_ObrH00nsLDkQwUbM3x6aauYtNAt0XPZkM1Yz7QqFmzrHcsYYO4p5WLm_lCBahSNJyOZOUxy2l4R9-RQab6ufSda2awiql_gp6dMLsR4w80sKkICM=&quot; rel=&quot;nofollow&quot; target=&quot;_blank&quot;&gt;https://meetings.lumiconnect.com/400-010-529-783&lt;/a&gt;.   &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Fiscal 2027 First Quarter Results&lt;/strong&gt;&lt;br/&gt;Saputo will release its fiscal 2027 first quarter results on Thursday, August 6, 2026. A press release will be issued after markets close, and a conference call is scheduled on Friday, August</description>
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   <pubDate>Mon, 20 Jul 2026 10:00:00 -0400</pubDate>
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   <title>Saputo Inc.: 2026 Annual General Meeting of Shareholders and Fiscal 2027 First Quarter Results</title>
   <link>http://www.streetinsider.com/Press+Releases/Saputo+Inc.%3A+2026+Annual+General+Meeting+of+Shareholders+and+Fiscal+2027+First+Quarter+Results/26788146.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, July  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc.&amp;apos;s Annual Meeting of Shareholders will be held on August 7, 2026, at 10:30 a.m. (Eastern Time), in a hybrid format. The Meeting will be conducted in-person at Lumi Experience – 1250 René-Lévesque Blvd. West, Suite 3610, Montréal, Québec, H3B 4W8, and by live webcast at &lt;a target=&quot;_blank&quot; href=&quot;https://www.globenewswire.com/Tracker?data=qTXosgztOEmcuJ1bKOU58gjbWfWpK5R1-99GjW3IHXlnyRfUoFPdk8Uawv_ObrH00nsLDkQwUbM3x6aauYtNAt0XPZkM1Yz7QqFmzrHcsYYO4p5WLm_lCBahSNJyOZOUxy2l4R9-RQab6ufSda2awiql_gp6dMLsR4w80sKkICM=&quot; rel=&quot;nofollow&quot; target=&quot;_blank&quot;&gt;https://meetings.lumiconnect.com/400-010-529-783&lt;/a&gt;.   &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Fiscal 2027 First Quarter Results&lt;/strong&gt;&lt;br/&gt;Saputo will release its fiscal 2027 first quarter results on Thursday, August 6, 2026. A press release will be issued after markets close, and a conference call is scheduled on Friday, August</description>
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   <pubDate>Mon, 20 Jul 2026 10:00:00 -0400</pubDate>
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   <title>Saputo Inc.: 2026 Annual General Meeting of Shareholders and Fiscal 2027 First Quarter Results</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Saputo+Inc.%3A+2026+Annual+General+Meeting+of+Shareholders+and+Fiscal+2027+First+Quarter+Results/26788146.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, July  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc.&amp;apos;s Annual Meeting of Shareholders will be held on August 7, 2026, at 10:30 a.m. (Eastern Time), in a hybrid format. The Meeting will be conducted in-person at Lumi Experience – 1250 René-Lévesque Blvd. West, Suite 3610, Montréal, Québec, H3B 4W8, and by live webcast at &lt;a target=&quot;_blank&quot; href=&quot;https://www.globenewswire.com/Tracker?data=qTXosgztOEmcuJ1bKOU58gjbWfWpK5R1-99GjW3IHXlnyRfUoFPdk8Uawv_ObrH00nsLDkQwUbM3x6aauYtNAt0XPZkM1Yz7QqFmzrHcsYYO4p5WLm_lCBahSNJyOZOUxy2l4R9-RQab6ufSda2awiql_gp6dMLsR4w80sKkICM=&quot; rel=&quot;nofollow&quot; target=&quot;_blank&quot;&gt;https://meetings.lumiconnect.com/400-010-529-783&lt;/a&gt;.   &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Fiscal 2027 First Quarter Results&lt;/strong&gt;&lt;br/&gt;Saputo will release its fiscal 2027 first quarter results on Thursday, August 6, 2026. A press release will be issued after markets close, and a conference call is scheduled on Friday, August</description>
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   <title>Saputo Inc.: 2026 Annual General Meeting of Shareholders and Fiscal 2027 First Quarter Results</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Saputo+Inc.%3A+2026+Annual+General+Meeting+of+Shareholders+and+Fiscal+2027+First+Quarter+Results/26788146.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, July  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc.&amp;apos;s Annual Meeting of Shareholders will be held on August 7, 2026, at 10:30 a.m. (Eastern Time), in a hybrid format. The Meeting will be conducted in-person at Lumi Experience – 1250 René-Lévesque Blvd. West, Suite 3610, Montréal, Québec, H3B 4W8, and by live webcast at &lt;a target=&quot;_blank&quot; href=&quot;https://www.globenewswire.com/Tracker?data=qTXosgztOEmcuJ1bKOU58gjbWfWpK5R1-99GjW3IHXlnyRfUoFPdk8Uawv_ObrH00nsLDkQwUbM3x6aauYtNAt0XPZkM1Yz7QqFmzrHcsYYO4p5WLm_lCBahSNJyOZOUxy2l4R9-RQab6ufSda2awiql_gp6dMLsR4w80sKkICM=&quot; rel=&quot;nofollow&quot; target=&quot;_blank&quot;&gt;https://meetings.lumiconnect.com/400-010-529-783&lt;/a&gt;.   &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Fiscal 2027 First Quarter Results&lt;/strong&gt;&lt;br/&gt;Saputo will release its fiscal 2027 first quarter results on Thursday, August 6, 2026. A press release will be issued after markets close, and a conference call is scheduled on Friday, August</description>
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   <title>Saputo Inc.: 2026 Annual General Meeting of Shareholders and Fiscal 2027 First Quarter Results</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Saputo+Inc.%3A+2026+Annual+General+Meeting+of+Shareholders+and+Fiscal+2027+First+Quarter+Results/26788146.html</link>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, July  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc.&amp;apos;s Annual Meeting of Shareholders will be held on August 7, 2026, at 10:30 a.m. (Eastern Time), in a hybrid format. The Meeting will be conducted in-person at Lumi Experience – 1250 René-Lévesque Blvd. West, Suite 3610, Montréal, Québec, H3B 4W8, and by live webcast at &lt;a target=&quot;_blank&quot; href=&quot;https://www.globenewswire.com/Tracker?data=qTXosgztOEmcuJ1bKOU58gjbWfWpK5R1-99GjW3IHXlnyRfUoFPdk8Uawv_ObrH00nsLDkQwUbM3x6aauYtNAt0XPZkM1Yz7QqFmzrHcsYYO4p5WLm_lCBahSNJyOZOUxy2l4R9-RQab6ufSda2awiql_gp6dMLsR4w80sKkICM=&quot; rel=&quot;nofollow&quot; target=&quot;_blank&quot;&gt;https://meetings.lumiconnect.com/400-010-529-783&lt;/a&gt;.   &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Fiscal 2027 First Quarter Results&lt;/strong&gt;&lt;br/&gt;Saputo will release its fiscal 2027 first quarter results on Thursday, August 6, 2026. A press release will be issued after markets close, and a conference call is scheduled on Friday, August</description>
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   <title>Saputo Inc.: 2026 Annual General Meeting of Shareholders and Fiscal 2027 First Quarter Results</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Saputo+Inc.%3A+2026+Annual+General+Meeting+of+Shareholders+and+Fiscal+2027+First+Quarter+Results/26788146.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, July  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc.&amp;apos;s Annual Meeting of Shareholders will be held on August 7, 2026, at 10:30 a.m. (Eastern Time), in a hybrid format. The Meeting will be conducted in-person at Lumi Experience – 1250 René-Lévesque Blvd. West, Suite 3610, Montréal, Québec, H3B 4W8, and by live webcast at &lt;a target=&quot;_blank&quot; href=&quot;https://www.globenewswire.com/Tracker?data=qTXosgztOEmcuJ1bKOU58gjbWfWpK5R1-99GjW3IHXlnyRfUoFPdk8Uawv_ObrH00nsLDkQwUbM3x6aauYtNAt0XPZkM1Yz7QqFmzrHcsYYO4p5WLm_lCBahSNJyOZOUxy2l4R9-RQab6ufSda2awiql_gp6dMLsR4w80sKkICM=&quot; rel=&quot;nofollow&quot; target=&quot;_blank&quot;&gt;https://meetings.lumiconnect.com/400-010-529-783&lt;/a&gt;.   &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Fiscal 2027 First Quarter Results&lt;/strong&gt;&lt;br/&gt;Saputo will release its fiscal 2027 first quarter results on Thursday, August 6, 2026. A press release will be issued after markets close, and a conference call is scheduled on Friday, August</description>
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   <pubDate>Mon, 20 Jul 2026 10:00:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">A.25955207</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">O.00674004</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">O.01585089</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>SAP AG (SAP) PT Lowered to $210 at TD Cowen</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/SAP+AG+%28SAP%29+PT+Lowered+to+%24210+at+TD+Cowen/26782018.html</link>
   <description>TD Cowen analyst Derrick Wood lowered the price target on SAP AG (NYSE: SAP) to $210.00  (from $230.00) while maintaining a Buy rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Analyst+PT+Change/SAP+AG+%28SAP%29+PT+Lowered+to+%24210+at+TD+Cowen/26782018.html</guid>
   <pubDate>Fri, 17 Jul 2026 07:50:31 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>HSBC downgrades IBM to Reduce, says &quot;synthetic IBM&quot; offers better value</title>
   <link>http://www.streetinsider.com/Investing/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</link>
   <description>&lt;p&gt;Investing.com -- HSBC downgraded IBM to Reduce from Hold and cut its price target to $191 from $231 in a note on Tuesday, arguing that a basket of IBM&amp;amp;#39;s peers offers superior earnings potential for the same investment. &lt;/p&gt;
&lt;p&gt;&lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;Analyst Abhishek Shukla told investors that HSBC constructed a &quot;synthetic &lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;IBM&lt;/span&gt;&lt;/span&gt;&quot; using SAP, Accenture, HP and IonQ to replicate IBM&amp;amp;#39;s subsector exposure, saying investors could buy a combination of shares in those four companies for $287.56, matching IBM&amp;amp;#39;s current price. &lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;The firm added that this synthetic portfolio would deliver 2030 estimated earnings per share of $23.15, versus IBM&amp;amp;#39;s projected non-GAAP</description>
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   <pubDate>Tue, 14 Jul 2026 09:09:31 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">ACN</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">IBM</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>HSBC downgrades IBM to Reduce, says &quot;synthetic IBM&quot; offers better value</title>
   <link>http://www.streetinsider.com/Investing/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</link>
   <description>&lt;p&gt;Investing.com -- HSBC downgraded IBM to Reduce from Hold and cut its price target to $191 from $231 in a note on Tuesday, arguing that a basket of IBM&amp;amp;#39;s peers offers superior earnings potential for the same investment. &lt;/p&gt;
&lt;p&gt;&lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;Analyst Abhishek Shukla told investors that HSBC constructed a &quot;synthetic &lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;IBM&lt;/span&gt;&lt;/span&gt;&quot; using SAP, Accenture, HP and IonQ to replicate IBM&amp;amp;#39;s subsector exposure, saying investors could buy a combination of shares in those four companies for $287.56, matching IBM&amp;amp;#39;s current price. &lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;The firm added that this synthetic portfolio would deliver 2030 estimated earnings per share of $23.15, versus IBM&amp;amp;#39;s projected non-GAAP</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Investing/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</guid>
   <pubDate>Tue, 14 Jul 2026 09:09:31 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">ACN</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">IBM</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>HSBC downgrades IBM to Reduce, says &quot;synthetic IBM&quot; offers better value</title>
   <link>http://www.streetinsider.com/Investing/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</link>
   <description>&lt;p&gt;Investing.com -- HSBC downgraded IBM to Reduce from Hold and cut its price target to $191 from $231 in a note on Tuesday, arguing that a basket of IBM&amp;amp;#39;s peers offers superior earnings potential for the same investment. &lt;/p&gt;
&lt;p&gt;&lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;Analyst Abhishek Shukla told investors that HSBC constructed a &quot;synthetic &lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;IBM&lt;/span&gt;&lt;/span&gt;&quot; using SAP, Accenture, HP and IonQ to replicate IBM&amp;amp;#39;s subsector exposure, saying investors could buy a combination of shares in those four companies for $287.56, matching IBM&amp;amp;#39;s current price. &lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;The firm added that this synthetic portfolio would deliver 2030 estimated earnings per share of $23.15, versus IBM&amp;amp;#39;s projected non-GAAP</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Investing/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</guid>
   <pubDate>Tue, 14 Jul 2026 09:09:31 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">ACN</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">IBM</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>HSBC downgrades IBM to Reduce, says &quot;synthetic IBM&quot; offers better value</title>
   <link>http://www.streetinsider.com/General+News/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</link>
   <description>&lt;p&gt;Investing.com -- HSBC downgraded IBM to Reduce from Hold and cut its price target to $191 from $231 in a note on Tuesday, arguing that a basket of IBM&amp;amp;#39;s peers offers superior earnings potential for the same investment. &lt;/p&gt;
&lt;p&gt;&lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;Analyst Abhishek Shukla told investors that HSBC constructed a &quot;synthetic &lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;IBM&lt;/span&gt;&lt;/span&gt;&quot; using SAP, Accenture, HP and IonQ to replicate IBM&amp;amp;#39;s subsector exposure, saying investors could buy a combination of shares in those four companies for $287.56, matching IBM&amp;amp;#39;s current price. &lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;The firm added that this synthetic portfolio would deliver 2030 estimated earnings per share of $23.15, versus IBM&amp;amp;#39;s projected non-GAAP</description>
   <guid isPermaLink="true">http://www.streetinsider.com/General+News/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</guid>
   <pubDate>Tue, 14 Jul 2026 09:09:31 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">ACN</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">IBM</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>HSBC downgrades IBM to Reduce, says &quot;synthetic IBM&quot; offers better value</title>
   <link>http://www.streetinsider.com/General+News/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</link>
   <description>&lt;p&gt;Investing.com -- HSBC downgraded IBM to Reduce from Hold and cut its price target to $191 from $231 in a note on Tuesday, arguing that a basket of IBM&amp;amp;#39;s peers offers superior earnings potential for the same investment. &lt;/p&gt;
&lt;p&gt;&lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;Analyst Abhishek Shukla told investors that HSBC constructed a &quot;synthetic &lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;IBM&lt;/span&gt;&lt;/span&gt;&quot; using SAP, Accenture, HP and IonQ to replicate IBM&amp;amp;#39;s subsector exposure, saying investors could buy a combination of shares in those four companies for $287.56, matching IBM&amp;amp;#39;s current price. &lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;The firm added that this synthetic portfolio would deliver 2030 estimated earnings per share of $23.15, versus IBM&amp;amp;#39;s projected non-GAAP</description>
   <guid isPermaLink="true">http://www.streetinsider.com/General+News/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</guid>
   <pubDate>Tue, 14 Jul 2026 09:09:31 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">ACN</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">IBM</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>HSBC downgrades IBM to Reduce, says &quot;synthetic IBM&quot; offers better value</title>
   <link>http://www.streetinsider.com/General+News/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</link>
   <description>&lt;p&gt;Investing.com -- HSBC downgraded IBM to Reduce from Hold and cut its price target to $191 from $231 in a note on Tuesday, arguing that a basket of IBM&amp;amp;#39;s peers offers superior earnings potential for the same investment. &lt;/p&gt;
&lt;p&gt;&lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;Analyst Abhishek Shukla told investors that HSBC constructed a &quot;synthetic &lt;span itemscope=&quot;&quot; itemtype=&quot;http://schema.org/Corporation&quot;&gt;&lt;span itemprop=&quot;name&quot;&gt;IBM&lt;/span&gt;&lt;/span&gt;&quot; using SAP, Accenture, HP and IonQ to replicate IBM&amp;amp;#39;s subsector exposure, saying investors could buy a combination of shares in those four companies for $287.56, matching IBM&amp;amp;#39;s current price. &lt;/p&gt;
&lt;p dir=&quot;ltr&quot;&gt;The firm added that this synthetic portfolio would deliver 2030 estimated earnings per share of $23.15, versus IBM&amp;amp;#39;s projected non-GAAP</description>
   <guid isPermaLink="true">http://www.streetinsider.com/General+News/HSBC+downgrades+IBM+to+Reduce%2C+says+%22synthetic+IBM%22+offers+better+value/26765973.html</guid>
   <pubDate>Tue, 14 Jul 2026 09:09:31 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">ACN</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">IBM</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>SAP (SAP:GR) (SAP) PT Lowered to EUR205 at Citi</title>
   <link>http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Lowered+to+EUR205+at+Citi/26750168.html</link>
   <description>Citi analyst Balajee Tirupati lowered the price target on SAP (SAP:GR) (NYSE: SAP) to EUR205.00  (from EUR225.00) while maintaining a Buy rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Lowered+to+EUR205+at+Citi/26750168.html</guid>
   <pubDate>Thu, 09 Jul 2026 07:40:07 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>SAP (SAP:GR) (SAP) PT Lowered to EUR205 at Citi</title>
   <link>http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Lowered+to+EUR205+at+Citi/26750168.html</link>
   <description>Citi analyst Balajee Tirupati lowered the price target on SAP (SAP:GR) (NYSE: SAP) to EUR205.00  (from EUR225.00) while maintaining a Buy rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Lowered+to+EUR205+at+Citi/26750168.html</guid>
   <pubDate>Thu, 09 Jul 2026 07:40:07 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>SAP (SAP:GR) (SAP) PT Lowered to EUR205 at Citi</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Lowered+to+EUR205+at+Citi/26750168.html</link>
   <description>Citi analyst Balajee Tirupati lowered the price target on SAP (SAP:GR) (NYSE: SAP) to EUR205.00  (from EUR225.00) while maintaining a Buy rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Analyst+PT+Change/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Lowered+to+EUR205+at+Citi/26750168.html</guid>
   <pubDate>Thu, 09 Jul 2026 07:40:07 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>SAP (SAP:GR) (SAP) PT Lowered to EUR205 at Citi</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Lowered+to+EUR205+at+Citi/26750168.html</link>
   <description>Citi analyst Balajee Tirupati lowered the price target on SAP (SAP:GR) (NYSE: SAP) to EUR205.00  (from EUR225.00) while maintaining a Buy rating.</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Analyst+PT+Change/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Lowered+to+EUR205+at+Citi/26750168.html</guid>
   <pubDate>Thu, 09 Jul 2026 07:40:07 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
   	  </item>
  <item>
   <title>SAP agrees to ease customer switching in EU antitrust deal</title>
   <link>http://www.streetinsider.com/Investing/SAP+agrees+to+ease+customer+switching+in+EU+antitrust+deal/26749648.html</link>
   <description>&lt;p&gt;Investing.com -- SAP SE, Europe's largest software maker, will allow customers to switch to competing service providers or end contracts more easily under commitments accepted by European Union antitrust regulators on Thursday. The measures are designed to avoid a potential fine.&lt;/p&gt;&lt;p&gt;The European Commission opened an investigation in September 2025 over concerns that SAP was preventing competitors from offering maintenance and support services for on-premise software. Regulators believed the company was creating barriers for customers who wanted to change vendors.&lt;/p&gt;&lt;p&gt;SAP modified its initial proposal after the EU competition authority collected feedback from third parties, leading to the Commission's approval of the</description>
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   <pubDate>Thu, 09 Jul 2026 06:13:09 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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