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SAP Stock Remains a Top Pick Despite Price Target Cut
Yahoo Finance· 2025-09-27 22:27
SAP SE (NYSE:SAP) is one of the AI Stocks Every Investor Should Watch. On September 22, BofA Securities analyst Frederic Boulan lowered the price target on the stock to EUR316.00 (from EUR320.00) while maintaining a Buy rating. Despite shares underperforming the SX8P by 5pp since Q2 earnings in July, the firm has reiterated SAP as a large cap top pick. The firm believes that SAP’s long-term growth is structural and durable. SAP’s structural growth is seen driven by both software upgrade and infrastructu ...