SAP: UBS maintains its buy rating; trims target price

(CercleFinance.com) - UBS is maintaining its "buy" rating on the SAP stock, having trimmed its target price from 100 euros to 98 euros, after the enterprise software giant published Q4 2018 results that were "cosmetically good, but received some one-off boosts".


"2023 targets look plausible - if cloud margins improve. Trends here remained weak in Q4".


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