SAP SE’S (SAP) CLOUD GROWTH UNDERPINS LONG-TERM OUTLOOK, MORGAN STANLEY STAYS BULLISH
https://s.yimg.com/ny/api/res/1.2/MZtrjK0AJXEgVvGuTRw.4g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03OTk-/https://media.zenfs.com/en/insidermonkey.com/df58c1243a15b8d498b3f0287cd9c3e6
✍️ SAP SE has been reaffirmed as a top pick by Morgan Stanley analyst Adam Wood, citing its strong growth potential and solid competitive positioning.
👉 Morgan Stanley analyst Adam Wood reaffirmed SAP SE as a top pick 👉 Wood raised his price target from €295 to €300 👉 SAP's cloud revenue grew 27% year-over-year 👉 Cloud backlog rose 27% to €18.84 billion 👉 CEO Christian Klein stated that the company is gaining market share
-- #AdamWood #ChristianKlein #business
Loading quoted post…
