SAP Rises as Top EMEA Pick with AI and Cloud Growth

SAP SE (NYSE:SAP) is ranked among the top 11 places to invest money without risk, according to Bank of America (BofA). BofA maintains a Buy rating and a €320 price target for SAP, highlighting its strong financials, AI integration, and efficiency gains of up to 30%. The company is a leading provider of enterprise application and business solutions, founded in 1972.

BofA expects SAP’s support revenue to exceed cloud revenue by more than five times in the next two years, signaling a more favorable medium-term outlook. The company’s core offerings include SAP S/4HANA, SAP SuccessFactors, and SAP Business Technology Platform. SAP is committed to helping businesses run better by leveraging AI technology and innovative solutions.

Read more at Yahoo Finance: SAP Named Top EMEA Pick with Strong AI and Cloud Growth