TD Cowen Maintains Buy Rating on SAP SE (SAP)

TD Cowen has maintained a Buy rating on SAP SE (NYSE:SAP) while lowering its price target to $250 from $300, citing mixed channel checks and emerging macro uncertainties. The firm also noted potential near-term disruption from SAP's potential pricing changes and highlighted an acquisition of Reltio to enhance AI readiness. BMO Capital also adjusted its price target on SAP ahead of Q1 results.

By Jeff Lewis Mon, April 20, 2026 at 4:12 PM GMT+3 2 min read · Yahoo Finance · April 20, 2026, 13:12 UTC

Tickers: $SAP

Topics: acquisition AI readiness analyst rating market outlook price target SAP SE

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