SAP Q2 results top estimates as ongoing cloud demand boosts revenue

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Go back to SAP Q2 results top estimates as ongoing cloud demand boosts revenue

SAP AG (SAP) PT Raised to $232 at CFRA

July 23, 2024 9:32 AM EDT

CFRA analyst Angelo Zino raised the price target on SAP AG (NYSE: SAP) to $232.00 (from $198.00) while maintaining a Buy rating.

The analyst comments "We raise our 12-month target to US$232 from US$198 on P/E of 30x our '26 EPS view, above... More