UPDATE: UBS Upgrades SAP AG (SAP) to Buy; Undervalued Despite Risks

May 31, 2012 7:44 AM EDT
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Price: $207.97 -0.63%

Rating Summary:
    25 Buy, 9 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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(Updated - May 31, 2012 11:06 AM EDT)

UBS upgraded SAP AG (NYSE: SAP) from Neutral to Buy. PT lowered from $70 to $63.75.

Analyst Michael Briest, said that the risks to the company are clear, however the upside is currently undervalued.

For an analyst ratings summary and ratings history on SAP AG click here. For more ratings news on SAP AG click here.

Shares of SAP AG closed at $56.76 yesterday.


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