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sap shares surge as analysts raise price targets amid strong growth outlook
SAP's market capitalization has reached 317.5 billion euros, with shares trading at €260.95, reflecting a slight decline yet maintaining a strong performance trajectory. Analysts from JPMorgan, Barclays, and Deutsche Bank have raised their price targets, citing positive growth outlooks and investor confidence in the company's cloud business and AI investments.
sap shares reach all time high as profits surge and outlook remains strong
SAP SE's stock has reached new heights, trading at €249.50, marking a 1.40% increase and solidifying its status as Germany's most valuable company with a market cap of €306 billion. Analysts remain optimistic, with Goldman Sachs setting a target of €290 and UBS raising its target to €283, citing strong growth driven by the S4/HANA product. The stock has surged over 73% from its 52-week low, reflecting robust financial performance and positive market sentiment.
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