NEW YORK (dpa-AFX Broker) - Analyst firm Jefferies has upgraded its rating for SAP to "Buy" with a target price of 205 euros following the quarterly figures. The start of the year was not perfect, wrote analyst Charles Brennan in his first reaction. However, further growth momentum in the cloud business, unexpectedly good free cash flow and confirmed Group targets noticeably overshadowed the small earnings disappointment./ag/zb

Publication of the original study: 22.04.2024 / 18:35 / ET

First publication of the original study: 22.04.2024 / 18:35 / ET

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