Analyst Charles Brennan from Jefferies maintained a Buy rating on SAP SE (0NW4 – Research Report) and keeping the price target at €300.00.
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Charles Brennan’s rating is based on several factors that highlight SAP SE’s potential for sustained growth. One of the primary reasons is the company’s strategic focus on extending its growth duration by leveraging platform benefits. This approach is complemented by the “Suite” regaining market share from “best-of-breed” solutions, which indicates a strong competitive position.
Furthermore, SAP’s commitment to integrating new AI innovations ensures that it remains relevant and valuable to its customers. Although there is a minor concern regarding potential short-term free cash flow, the overall outlook remains positive. These elements collectively contribute to Brennan’s Buy rating for SAP SE.
In another report released today, UBS also maintained a Buy rating on the stock with a €307.00 price target.