Reported about 6 hours ago
Warburg Research has raised the price target for SAP SE (NYSE:SAP) from €275 to €295 while maintaining a 'Buy' rating, citing expected cloud growth and margin improvements. The company's cloud backlog grew by 29% in Q1 2025, and its AI portfolio is aiding businesses in overcoming supply chain issues. Despite acknowledging SAP's growth potential, the report suggests that other AI stocks may offer higher return possibilities.
Source: YAHOO