NEW YORK (dpa-AFX Broker) - The US investment bank Goldman Sachs has raised its price target for SAP from 225 to 240 euros and left its rating at "Buy". The software company's latest quarterly figures underlined the strength of its cloud business, analyst Mohammed Moawalla wrote in a study published on Thursday. He raised his estimates for the cash inflow for the years 2026 to 2028 and does not yet consider the share to have an ambitious valuation despite the above-average development since the beginning of the year./gl/edh

Publication of the original study: 24.07.2024 / 21:47 / BST First-time dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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