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Enter Symbol:
Rating: SAP
Buy $94

Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (NYSE: SAP) reiterated to Buy with price target $94 by Argus

Tuesday,  Jan 26, 2016  8:25 AM ET by Lynn Gilbert

Argus reiterated Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (NYSE: SAP) to Buy with price target
$94. Previously, Argus rated Sap Aktiengesellschaft Systeme, Anwendungen, Produkte (NYSE: SAP) to Buy with price target $87 on 01/21/2015, when the stock price was valued at $63.52.

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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system



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