NEW YORK (dpa-AFX Broker) - U.S. bank JPMorgan has reduced its price target for SAP from EUR310 to EUR290, but has maintained its "Overweight" rating. Analyst Toby Ogg wrote in his outlook on Wednesday evening that 2025 has been a challenging year for Europe's software and IT sector, which has been shaken by the disruptions caused by Artificial Intelligence (AI). However, every "cloud" has a silver lining. For SAP, Ogg anticipates accelerated growth and attractive profit increases in 2026. In the short term, he is also very optimistic about the upcoming annual report, expecting a strong fourth quarter and robust targets. As a result, Ogg has also assigned the stock a "Positive Catalyst Watch" label./ag/zb
Original study publication: 12/03/2025 / 19:19 / GMT
Initial distribution of the original study: 12/04/2025 / 00:15 / GMT
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