LONDON (dpa-AFX Broker) – The British investment bank Barclays has raised the price target for SAP (SAP SE) from 125 to 135 euros and left the rating at “Overweight”. From a fundamental point of view, everything is intact in the European software industry, analyst James Goodman wrote in a study available on Thursday. After a good price development in the second quarter, he only sees reduced price potential for the sector stocks in the short term. At SAP, however, the investment approach will remain attractive for the coming years. In the second quarter, the comparative figures from the previous year were easily accessible for the Walldorfer./tih/edh
Publication of the original study: 05.07.2023 / 17:33 / GMT
First distribution of the original study: 06.07.2023 / 04:10 / GMT
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