Level 3 upgraded to Buy from Hold at Canaccord Canaccord upgraded Level 3 following the better than expected Q4 report and outlook citing solid execution and trends. Price target raised to $41 from $30.
SAP names new Chief Digital Officer, Chief Marketing Officer SAP (SAP) announced that Jonathan Becher has been appointed as the company's first Chief Digital Officer to lead the company's new digital business unit with immediate effect. SAP has appointed Maggie Chan Jones as Chief Marketing Officer. Jones, who will join SAP from Level 3 Communications (LVLT), spent seven years at Microsoft (MSFT). She has extensive cloud experience having successfully navigated Microsoft's transition from on premise to a cloud business.