The Zhitong Finance App learned that J.P. Morgan upgraded the rating of SAP (SAP.US) from “neutral” to “increased holdings” in the newly released research report because as artificial intelligence (AI) moves from the pilot phase to full deployment, the bank believes this transformation will benefit systems (Systems of Record) suppliers such as SAP. At the same time, the bank believes that SAP's own AI products are also constantly improving. The bank raised the target price of SAP's shares listed in Europe from 175 euros in December 2027 to 275 euros in December 2028, which means about 30% room for growth.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that J.P. Morgan upgraded the rating of SAP (SAP.US) from “neutral” to “increased holdings” in the newly released research report because as artificial intelligence (AI) moves from the pilot phase to full deployment, the bank believes this transformation will benefit systems (Systems of Record) suppliers such as SAP. At the same time, the bank believes that SAP's own AI products are also constantly improving. The bank raised the target price of SAP's shares listed in Europe from 175 euros in December 2027 to 275 euros in December 2028, which means about 30% room for growth.
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