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   <title>UBS Downgrades SAP (SAP:GR) (SAP) to Neutral</title>
   <link>http://www.streetinsider.com/Intl+Ratings/UBS+Downgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Neutral/26976296.html</link>
   <description>&lt;p&gt;UBS analyst Michael Briest downgraded SAP (SAP:GR) (NYSE: SAP) from Buy to Neutral with a price target of EUR201.00 (from EUR164.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade SAP to Neutral. While we continue to see it as a pre-eminent system of record with a deep moat around its core business, it is only delivering agentic AI into customers' hands slowly, we believe limiting the monetisation opportunity and increasing the prospect of customers choosing a DIY route to adopting AI in the interim. While the RISE migration cycle remains a solid growth driver and we expect earnings growth to remain healthy at a</description>
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   <pubDate>Wed, 26 Aug 2026 01:38:42 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>UBS Downgrades SAP (SAP:GR) (SAP) to Neutral</title>
   <link>http://www.streetinsider.com/Intl+Ratings/UBS+Downgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Neutral/26976296.html</link>
   <description>&lt;p&gt;UBS analyst Michael Briest downgraded SAP (SAP:GR) (NYSE: SAP) from Buy to Neutral with a price target of EUR201.00 (from EUR164.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade SAP to Neutral. While we continue to see it as a pre-eminent system of record with a deep moat around its core business, it is only delivering agentic AI into customers' hands slowly, we believe limiting the monetisation opportunity and increasing the prospect of customers choosing a DIY route to adopting AI in the interim. While the RISE migration cycle remains a solid growth driver and we expect earnings growth to remain healthy at a</description>
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   <pubDate>Wed, 26 Aug 2026 01:38:42 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>UBS Downgrades SAP (SAP:GR) (SAP) to Neutral</title>
   <link>http://www.streetinsider.com/Downgrades/UBS+Downgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Neutral/26976296.html</link>
   <description>&lt;p&gt;UBS analyst Michael Briest downgraded SAP (SAP:GR) (NYSE: SAP) from Buy to Neutral with a price target of EUR201.00 (from EUR164.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade SAP to Neutral. While we continue to see it as a pre-eminent system of record with a deep moat around its core business, it is only delivering agentic AI into customers' hands slowly, we believe limiting the monetisation opportunity and increasing the prospect of customers choosing a DIY route to adopting AI in the interim. While the RISE migration cycle remains a solid growth driver and we expect earnings growth to remain healthy at a</description>
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   <pubDate>Wed, 26 Aug 2026 01:38:42 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>UBS Downgrades SAP (SAP:GR) (SAP) to Neutral</title>
   <link>http://www.streetinsider.com/Downgrades/UBS+Downgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Neutral/26976296.html</link>
   <description>&lt;p&gt;UBS analyst Michael Briest downgraded SAP (SAP:GR) (NYSE: SAP) from Buy to Neutral with a price target of EUR201.00 (from EUR164.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade SAP to Neutral. While we continue to see it as a pre-eminent system of record with a deep moat around its core business, it is only delivering agentic AI into customers' hands slowly, we believe limiting the monetisation opportunity and increasing the prospect of customers choosing a DIY route to adopting AI in the interim. While the RISE migration cycle remains a solid growth driver and we expect earnings growth to remain healthy at a</description>
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   <pubDate>Wed, 26 Aug 2026 01:38:42 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>UBS Downgrades SAP (SAP:GR) (SAP) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/UBS+Downgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Neutral/26976296.html</link>
   <description>&lt;p&gt;UBS analyst Michael Briest downgraded SAP (SAP:GR) (NYSE: SAP) from Buy to Neutral with a price target of EUR201.00 (from EUR164.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade SAP to Neutral. While we continue to see it as a pre-eminent system of record with a deep moat around its core business, it is only delivering agentic AI into customers' hands slowly, we believe limiting the monetisation opportunity and increasing the prospect of customers choosing a DIY route to adopting AI in the interim. While the RISE migration cycle remains a solid growth driver and we expect earnings growth to remain healthy at a</description>
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   <pubDate>Wed, 26 Aug 2026 01:38:42 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>UBS Downgrades SAP (SAP:GR) (SAP) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/UBS+Downgrades+SAP+%28SAP%3AGR%29+%28SAP%29+to+Neutral/26976296.html</link>
   <description>&lt;p&gt;UBS analyst Michael Briest downgraded SAP (SAP:GR) (NYSE: SAP) from Buy to Neutral with a price target of EUR201.00 (from EUR164.00).&lt;/p&gt;&lt;p&gt;The analyst comments: “We downgrade SAP to Neutral. While we continue to see it as a pre-eminent system of record with a deep moat around its core business, it is only delivering agentic AI into customers' hands slowly, we believe limiting the monetisation opportunity and increasing the prospect of customers choosing a DIY route to adopting AI in the interim. While the RISE migration cycle remains a solid growth driver and we expect earnings growth to remain healthy at a</description>
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   <pubDate>Wed, 26 Aug 2026 01:38:42 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">SAP</category>
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   <title>SAP Executive to Participate in Upcoming Investor Event</title>
   <link>http://www.streetinsider.com/Press+Releases/SAP+Executive+to+Participate+in+Upcoming+Investor+Event/26972670.html</link>
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   <pubDate>Tue, 25 Aug 2026 10:42:00 -0400</pubDate>
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   <title>SAP Executive to Participate in Upcoming Investor Event</title>
   <link>http://www.streetinsider.com/Press+Releases/SAP+Executive+to+Participate+in+Upcoming+Investor+Event/26972670.html</link>
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&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;WALLDORF, &lt;location value=&quot;LC/de&quot; idsrc=&quot;xmltag.org&quot; &gt;Germany&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Aug. 25, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- &lt;a target=&quot;_blank&quot; href=&quot;http://www.sap.com/&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;&lt;span value=&quot;NYSE:SAP&quot; idsrc=&quot;xmltag.org&quot; &gt;SAP SE&lt;/span&gt;&lt;/a&gt; (NYSE: SAP) today announced the participation of its executive at the following event. The event will be webcast, and the replay will be made available shortly after the event on the SAP Investor Relations website: &lt;a target=&quot;_blank&quot; href=&quot;https://www.sap.com/investors/en/financial-documents-and-events/events.html&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;https://www.sap.com/investors/en/financial-documents-and-events/events.html&lt;/a&gt;&lt;/p&gt;
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   <pubDate>Tue, 25 Aug 2026 10:42:00 -0400</pubDate>
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   <title>SAP Executive to Participate in Upcoming Investor Event</title>
   <link>http://www.streetinsider.com/PRNewswire/SAP+Executive+to+Participate+in+Upcoming+Investor+Event/26972670.html</link>
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&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;WALLDORF, &lt;location value=&quot;LC/de&quot; idsrc=&quot;xmltag.org&quot; &gt;Germany&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Aug. 25, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- &lt;a target=&quot;_blank&quot; href=&quot;http://www.sap.com/&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;&lt;span value=&quot;NYSE:SAP&quot; idsrc=&quot;xmltag.org&quot; &gt;SAP SE&lt;/span&gt;&lt;/a&gt; (NYSE: SAP) today announced the participation of its executive at the following event. The event will be webcast, and the replay will be made available shortly after the event on the SAP Investor Relations website: &lt;a target=&quot;_blank&quot; href=&quot;https://www.sap.com/investors/en/financial-documents-and-events/events.html&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;https://www.sap.com/investors/en/financial-documents-and-events/events.html&lt;/a&gt;&lt;/p&gt;
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   <pubDate>Tue, 25 Aug 2026 10:42:00 -0400</pubDate>
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   <title>SAP Executive to Participate in Upcoming Investor Event</title>
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   <title>Form  S-8        SAP SE                               </title>
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   <pubDate>Mon, 24 Aug 2026 16:06:00 -0400</pubDate>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR215 at Morgan Stanley</title>
   <link>http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR215+at+Morgan+Stanley/26957965.html</link>
   <description>Morgan Stanley analyst Adam Wood raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR215.00  (from EUR190.00) while maintaining a Overweight rating.</description>
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   <pubDate>Fri, 21 Aug 2026 05:48:36 -0400</pubDate>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR215 at Morgan Stanley</title>
   <link>http://www.streetinsider.com/Intl+Ratings/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR215+at+Morgan+Stanley/26957965.html</link>
   <description>Morgan Stanley analyst Adam Wood raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR215.00  (from EUR190.00) while maintaining a Overweight rating.</description>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR215 at Morgan Stanley</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR215+at+Morgan+Stanley/26957965.html</link>
   <description>Morgan Stanley analyst Adam Wood raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR215.00  (from EUR190.00) while maintaining a Overweight rating.</description>
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   <title>SAP (SAP:GR) (SAP) PT Raised to EUR215 at Morgan Stanley</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/SAP+%28SAP%3AGR%29+%28SAP%29+PT+Raised+to+EUR215+at+Morgan+Stanley/26957965.html</link>
   <description>Morgan Stanley analyst Adam Wood raised the price target on SAP (SAP:GR) (NYSE: SAP) to EUR215.00  (from EUR190.00) while maintaining a Overweight rating.</description>
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   <title>Saputo Inc. Announces an Increase to its Normal Course Issuer Bid</title>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, Aug.  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company), announced today that it has received approval from the Toronto Stock Exchange (TSX) to amend its current normal course issuer bid (“NCIB”) to increase the maximum number of common shares that may be repurchased for cancellation thereunder from 20,498,278 common shares to 24,260,007 common shares, representing 10% of the 242,600,071 common shares that constituted the Company&amp;apos;s “public float” (the maximum amount allowable under the rules of the TSX) as at November 7, 2025 (the reference date for the NCIB). No other terms</description>
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   <pubDate>Thu, 20 Aug 2026 08:00:00 -0400</pubDate>
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   <title>Saputo Inc. Announces an Increase to its Normal Course Issuer Bid</title>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, Aug.  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company), announced today that it has received approval from the Toronto Stock Exchange (TSX) to amend its current normal course issuer bid (“NCIB”) to increase the maximum number of common shares that may be repurchased for cancellation thereunder from 20,498,278 common shares to 24,260,007 common shares, representing 10% of the 242,600,071 common shares that constituted the Company&amp;apos;s “public float” (the maximum amount allowable under the rules of the TSX) as at November 7, 2025 (the reference date for the NCIB). No other terms</description>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, Aug.  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company), announced today that it has received approval from the Toronto Stock Exchange (TSX) to amend its current normal course issuer bid (“NCIB”) to increase the maximum number of common shares that may be repurchased for cancellation thereunder from 20,498,278 common shares to 24,260,007 common shares, representing 10% of the 242,600,071 common shares that constituted the Company&amp;apos;s “public float” (the maximum amount allowable under the rules of the TSX) as at November 7, 2025 (the reference date for the NCIB). No other terms</description>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, Aug.  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company), announced today that it has received approval from the Toronto Stock Exchange (TSX) to amend its current normal course issuer bid (“NCIB”) to increase the maximum number of common shares that may be repurchased for cancellation thereunder from 20,498,278 common shares to 24,260,007 common shares, representing 10% of the 242,600,071 common shares that constituted the Company&amp;apos;s “public float” (the maximum amount allowable under the rules of the TSX) as at November 7, 2025 (the reference date for the NCIB). No other terms</description>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, Aug.  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company), announced today that it has received approval from the Toronto Stock Exchange (TSX) to amend its current normal course issuer bid (“NCIB”) to increase the maximum number of common shares that may be repurchased for cancellation thereunder from 20,498,278 common shares to 24,260,007 common shares, representing 10% of the 242,600,071 common shares that constituted the Company&amp;apos;s “public float” (the maximum amount allowable under the rules of the TSX) as at November 7, 2025 (the reference date for the NCIB). No other terms</description>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, Aug.  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company), announced today that it has received approval from the Toronto Stock Exchange (TSX) to amend its current normal course issuer bid (“NCIB”) to increase the maximum number of common shares that may be repurchased for cancellation thereunder from 20,498,278 common shares to 24,260,007 common shares, representing 10% of the 242,600,071 common shares that constituted the Company&amp;apos;s “public float” (the maximum amount allowable under the rules of the TSX) as at November 7, 2025 (the reference date for the NCIB). No other terms</description>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, Aug.  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company), announced today that it has received approval from the Toronto Stock Exchange (TSX) to amend its current normal course issuer bid (“NCIB”) to increase the maximum number of common shares that may be repurchased for cancellation thereunder from 20,498,278 common shares to 24,260,007 common shares, representing 10% of the 242,600,071 common shares that constituted the Company&amp;apos;s “public float” (the maximum amount allowable under the rules of the TSX) as at November 7, 2025 (the reference date for the NCIB). No other terms</description>
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&lt;p align=&quot;justify&quot;&gt;MONTRÉAL, Aug.  20, 2026  (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company), announced today that it has received approval from the Toronto Stock Exchange (TSX) to amend its current normal course issuer bid (“NCIB”) to increase the maximum number of common shares that may be repurchased for cancellation thereunder from 20,498,278 common shares to 24,260,007 common shares, representing 10% of the 242,600,071 common shares that constituted the Company&amp;apos;s “public float” (the maximum amount allowable under the rules of the TSX) as at November 7, 2025 (the reference date for the NCIB). No other terms</description>
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