NEW YORK (dpa-AFX Broker) - The US bank JPMorgan has maintained its "Overweight" rating on SAP. The Walldorf-based company is "the best house in a bad neighborhood," wrote Toby Ogg on Tuesday evening following recent discussions with more than 50 investors. These talks revealed an increasingly negative sentiment regarding the European software sector. The industry is no longer merely presumed guilty until proven otherwise, but is, in fact, being outright prejudged. The problem, he noted, is that the main concerns of investors will only be alleviated in the long term. Even current positive earnings surprises are no longer enough. The central question is: Will the topic of artificial intelligence provide sustainable momentum, or will it actually create headwinds in the long run? Despite significant outflows from the sector, investors remain relatively strongly positioned in SAP./ag/la
Original report published: 03.02.2026 / 16:26 / GMT Initial dissemination of the original report: 04.02.2026 / 00:15 / GMT
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