Berenberg analyst Nay Soe Naing raised the firm’s price target on SAP (SAP) to EUR 289 from EUR 280 and keeps a Buy rating on the shares. Unlike earlier artificial intelligence tools that simply enhanced user productivity, AI agents are capable of executing business tasks with full autonomy and agency, the analyst tells investors in a research note. The firm says this technological advance “unlocks fundamental new value in AI adoption for enterprises.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAP:
- SAP price target lowered to EUR 290 from EUR 300 at Jefferies
- SAP SE: Strong Market Position and Growth Potential Justify Buy Rating
- SAP SE’s Strong Cloud Growth Potential and Strategic Initiatives Drive Buy Rating
- SAP initiated with an Overweight at Piper Sandler
- Eli Lilly Stock (LLY) Sinks as Novo Nordisk Is Again Europe’s Most Valuable Company