SAP Initiates Comprehensive Review to Accelerate Operational Excellence

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Go back to SAP Initiates Comprehensive Review to Accelerate Operational Excellence

SAP AG (SAP) PT Raised to $135 at Oppenheimer

April 24, 2019 2:41 PM EDT

Oppenheimer analyst Brian Schwartz raised the price target on SAP AG (NYSE: SAP) to $135.00 (from $120.00) while maintaining a Outperform rating.

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SAP AG (SAP) Surges on Q1 Results, Comprehensive Review

April 24, 2019 7:45 AM EDT

SAP AG (NYSE: SAP) is gaining 9% pre-open after reported strong Q1 results, raised its 2019 profit outlook and initiated a comprehensive review to accelerate operational excellence.

In the first quarter, new cloud bookings were up 32% (26% at constant currencies). Cloud revenue grew 45% year over year to 1.56 billion (IFRS), up 48% (non-IFRS) and 41%... More