SAP "buy," target price raised

19.06.07 - Dresdner Kleinwort Wasser.

LONDON, June 19 (newratings.com) - Analyst Adam Shepherd of Dresdner Kleinwort maintains his "buy" rating on SAP AG (SAP-EUR). The target price has been raised to ?43.

In a research note published this morning, the analyst mentions that the demand trends are positive. SAP continues to be among the top picks in the software market, Dresdner Kleinwort says.