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Rating: SAP
Overweight

Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (NYSE: SAP) upgraded to Overweight by JP Morgan

Tuesday,  Sep 15, 2015  12:25 PM ET by Dave Ficere

JP Morgan upgraded Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (NYSE: SAP) to
Overweight. Previously JP Morgan rated Neutral Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (NYSE: SAP) on 07/19/2013, when the stock price was $72.85.

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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.



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