SAP SE (SAP) to Acquire WalkMe (WKME) for $14/sh Cash or $1.5B

Go back to SAP SE (SAP) to Acquire WalkMe (WKME) for $14/sh Cash or $1.5B

Needham Downgrades WalkMe Ltd. (WKME) to Hold

June 5, 2024 4:08 PM EDT

Needham analyst Scott Berg downgraded WalkMe Ltd. (NASDAQ: WKME) from Buy to Hold.

The analyst comments "Before market open, SAP announced it was acquiring WalkMe in an all-cash transaction valuing the company at $14 per share or a market value of ~$1.4B. The offer... More