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

Rating:
Outperform
SAP
up 22.93 %

Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (SAP) upgraded to Outperform by Credit Suisse

Posted on: Tuesday,  Sep 16, 2008  8:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (NYSE: SAP) on 09/16/2008, when the stock price was $55.28.
Since then, Sap Aktiengesellschaft Systeme, Anwendungen, Produkte has gained 22.94% as of 01/26/2016's recent price of $67.96.
If you would have followed this Credit Suisse's recommendation on SAP, you would have gained 22.93% of your investment in 2688 days.

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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/16/2008 8:25 AM Buy
None
55.28
as of 12/24/2008
1 Week up  7.80 %
1 Month up  13.18 %
3 Months up  23.06 %
1 YTD down  -46.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2008 8:25 AM Hold
None
58.26
12/12/2007 8:25 AM Sell
None
52.70

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