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

Rating:
Underperform
SAP
down 21.95 %

Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (SAP) rated Underperform with price target $49 by Wedbush

Posted on: Tuesday,  Oct 26, 2010  9:25 AM ET by Wedbush

Wedbush rated Underperform Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (NYSE: SAP) on 10/26/2010, when the stock price was $53.04.
Since then, Sap Aktiengesellschaft Systeme, Anwendungen, Produkte has gained 28.13% as of 01/26/2016's recent price of $67.96.
If you would have followed this Wedbush 's recommendation on SAP, you would have lost 21.95% of your investment in 1918 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.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2010 9:25 AM Sell
None
53.04 49.00
as of 12/31/2010
1 Week down  -8.33 %
1 Month down  -16.00 %
3 Months down  -2.63 %
1 YTD down  -2.63 %

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