TD Cowen Lowers SAP Price Target to $250 from $300
TD Cowen analyst Derrick Wood lowered the price target on SAP (SAP) to $250 from $300, maintaining a Buy rating. The adjustment follows softer commercial checks and new macro uncertainties in energy-related sectors, as well as potential pricing changes signaled by SAP's CEO.
Topics: analyst downgrade market uncertainty price target SAP stock rating