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

Rating:
Overweight
SAP
up 43.22 %

Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (SAP) upgraded to Overweight by Piper Jaffray

Posted on: Tuesday,  Mar 23, 2010  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Overweight Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (NYSE: SAP) on 03/23/2010, when the stock price was $47.45.
Since then, Sap Aktiengesellschaft Systeme, Anwendungen, Produkte has gained 43.22% as of 01/26/2016's recent price of $67.96.
If you would have followed this Piper Jaffray's recommendation on SAP, you would have gained 43.22% of your investment in 2135 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.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/23/2010 8:25 AM Buy
None
47.45
as of 12/31/2010
1 Week up  8.33 %
1 Month up  16.00 %
3 Months up  10.40 %
1 YTD up  14.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2010 10:25 AM Hold
None
49.30

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