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27 Oct 2020
SAP: Becoming a full SaaS and subscription vendor by 2025 | BUY | EUR127 vs. EUR166 (+30%)
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SAP: Becoming a full SaaS and subscription vendor by 2025 | BUY | EUR127 vs. EUR166 (+30%)
SAP - BUY | EUR127 vs. EUR166 (+30%)
Becoming a full SaaS and subscription vendor by 2025
We adjust our target price to EUR127 amidst of the new ambition
SAP has started the last stage of its cloud transformation
Revenue mix and cloud gross margin will help for the turnaround