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News Breaks
08:52 EDTSAP
theflyonthewall.com: SAP AG downgraded to Underperform from Neutral at Wedbush
Wedbush downgraded SAP on concerns the company's core business fundamentals are comparatively weak and Q4 consensus software revenue estimates could be too high. The firm keeps a $49 price target on shares. :theflyonthewall.com



News For SAP From The Last 14 Days
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February 9, 2010
13:14 EDTSAP
theflyonthewall.com: IBM will not be impacted by SAP-related business, Silicon Valley Watcher reports

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09:30 EDTSAP
theflyonthewall.com: TecSec files encryption patent infringement suit against several tech companies

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09:00 EDTSAP
theflyonthewall.com: On The Fly: Analysts Upgrade Summary
MOST NOTEWORTHY: Prosperity Bancshares (PRSP), Fortinet (FTNT) and Lamart Advertising (LAMR) were today's noteworthy upgrades: B. Riley upgraded Prosperity Bancshares to Buy from Neutral after the company acquired 19 Texas branches of Missouri-based First Bank. The firm has a $45 price target on shares. JP Morgan upgraded Fortinet to Overweight from Neutral on valuation following the recent pullback in shares. The firm has a $20 price target on the stock. Wells Fargo upgraded Lamar Advertising to Outperform from Market Perform. The firm believes the stock's risk/reward ratio is compelling, as its checks indicate that advertising continues to accelerate in Q1...OTHER UPGRADES: Caterpillar (CAT) was upgraded to Overweight from Underweight at Morgan Stanley. SAP AG (SAP) was upgraded to Market Perform from Underperform at FBR Capital. BioMarin (BMRN) was raised to Buy from Hold at Roth Capital. :theflyonthewall.com
06:25 EDTSAP
theflyonthewall.com: SAP AG upgraded to Market Perform from Underperform at FBR Capital

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February 8, 2010
15:03 EDTSAP
theflyonthewall.com: SAP AG volatility flat as shares sell off on management changes

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14:06 EDTSAP
theflyonthewall.com: SAP lost the trust of some customers, FT reports
Hasso Plattner, SAP’s (SAP) chairman admitted that the company lost the trust of some customers in an effort to justify a sudden management reshuffle, the Financial Times reports. He admitted that SAP had made a mistake with its attempt to increase maintenance fees last year in the middle of the economic crisis. Reference Link :theflyonthewall.com
06:11 EDTSAP
theflyonthewall.com: SAP AG to host conference call

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February 7, 2010
18:17 EDTSAP
theflyonthewall.com: SAP CEO resigns

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February 4, 2010
09:07 EDTSAP
theflyonthewall.com: NetSuite wins RedBuilt from SAP

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February 2, 2010
06:27 EDTSAP
theflyonthewall.com: SAP, Nokia and G&G's Original1 JV begins business operations

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January 27, 2010
05:32 EDTSAP
theflyonthewall.com: SAP AG CEO: sees FY10 margin expansion, return to top-line growth

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05:28 EDTSAP
theflyonthewall.com: SAP AG sees FY10 software, software related revenue up 4%-8%
Sees FY10 operating margin in 30%-31% range :theflyonthewall.com
05:24 EDTSAP
theflyonthewall.com: SAP AG reports Q4 net profit declined 12% to EUR727M

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