NEW YORK (dpa-AFX Broker): JPMorgan has maintained its 'Neutral' rating on SAP with a price target of €175. Analyst Toby Ogg examined Oracle's financial results on Thursday to determine their implications for SAP. Momentum in the American company's cloud applications slowed for the first time this fiscal year, which Ogg suggests sends a slightly negative signal for the short-term outlook of the Walldorf-based company's enterprise business. Ogg noted that Microsoft's recent report carried similar implications./rob/ag/ajx

Original study published: 06/11/2026 / 09:28 / BST

Original study first distributed: 06/11/2026 / 09:28 / BST