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SAP Sapphire preview: All eyes on AI says BofA

May 12, 2026 4:00 PM EDT

SAP SE (NYSE: SAP) heads into its annual Sapphire conference this week facing heightened investor scrutiny over its artificial intelligence strategy, with analysts at Bank of America and Barclays both maintaining bullish stances while flagging the event as a pivotal moment for the German software giant.

Bank of America analyst Frederic Boulan reiterated a Buy rating with a price target of 210 euros,... More