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Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (SAP) [hlAlert]

Rating:
Hold SAP

Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (SAP) rated Hold with price target $50 by Cross Research

Posted on: Thursday,  Mar 6, 2008  9:25 AM ET by Cross Research

SAP AG (SAP) rated
Hold with price target $50 by Cross Research.

SAP AG is engaged in selling licenses for software solutions and related support services. In addition, the Company offers consulting, training and other services for its software solutions. As of December 31, 2008, the Company had more than 82,000 customers in over 120 countries and employed more than 51,500 individuals at locations in more than 50 countries. As of December 31, 2008, SAP consisted of SAP AG and its network of 187 subsidiaries. It has three segments: product, consulting and training. It offers a portfolio of business software, technology, and related services and support to meet the long-term requirements and needs of its customers. SAP Business Suite applications provide end-to-end business process support, reporting, and analytics. Its core applications, industry applications and supplementary applications are powered by the SAP NetWeaver technology platform. It acquired Business Objects S.A in January 2008. In October 2009, it acquired 70.67 % stake in SAF AG.

Cross Research LLC provides equity research services. The company offers markets, segment, and company research services. It caters to investment banking, information technology, and imaging technology companies. Cross Research LLC is headquartered in Livingston, New Jersey. The company was formerly a subsidiary of Soleil Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2008 9:25 AM Hold
None
48.41 50.00
as of 12/24/2008
1 Week up  7.80 %
1 Month up  13.18 %
3 Months up  23.06 %
1 YTD down  -16.81 %

(*) Stock Price at the time of the recommendation.
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