π’ SAP Surges 3.2% as Bank of America Names It a Top Pick
SAP SE
- SAP is trading 3.2% up at $154.29 today, driven by Bank of America reaffirming its 'Buy' rating and naming it a top large-cap software stock.
- This rebound comes after several sessions of declines, reflecting broader market profit-taking and investor concerns regarding AI and cloud-growth.
- Bank of America maintains a price target of β¬210, forecasting industry-leading revenue growth exceeding 10% for SAP.