Reported about 6 hours ago
SAP SE has received an ‘Overweight’ rating from Piper Sandler with a price target of EUR 350, reflecting analysts' confidence in the company's growth prospects, particularly in the cloud segment of the software industry. The firm anticipates that SAP will maintain double-digit revenue growth and achieve significant margin improvements, predicting free cash flow growth of 15% to 20% annually through 2030.
Source: YAHOO