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The sizeable target increase supports a bullish view, but a single analyst target is not confirmation of a change in fundamentals.
What happened, with direct paths to the underlying reporting
Barclays raised its SAP target from $243 to $288, about 20% above the posted price of $240.59. This is a notable bullish revision, though it remains an analyst opinion.
Target: $288
Posted price: $240.59
Analyst firm: Barclays
Analyst: Raimo Lenschow
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