SAP: Credit Suisse raises target price

(CercleFinance.com) - This morning, Credit Suisse analysts said that they are raising their target price for SAP shares from 120 euros to 135 euros.


Alongside this targe price increase, the broker confirms its "Outperform" rating on the stock.

"We have been arguing all year that investors underappreciate the scope for cross-selling (...), and the Intelligent Enterprise is a strategy that should directly improve customer satisfaction and cross selling, in our view," the broker said.


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