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Piper Sandler raises Oracle, cuts Workday as AI reshapes CIO spending priorities

Thu, 10 Jul 2025 10:39:33 -0400

Investing.com -- Piper Sandler upgraded Oracle (NYSE:ORCL) to Overweight and downgraded Workday (NASDAQ:WDAY) to Underweight in a note Thursday, citing major shifts in CIO spending priorities driven by artificial intelligence.

“Our latest CIO survey reinforced a bullish spending backdrop for AI infrastructure while elevating risks to the broader application category,” analysts wrote.

Oracle was highlighted as a key beneficiary of this trend, with Piper lifting its price target to $270 from $190.

“CIOs planning a material increase in OCI spending shot up to 27% from 18%, 15%, and 4% in previous surveys,” the analysts noted. They also cited growing enterprise demand,

Piper Sandler raises Oracle, cuts Workday as AI reshapes CIO spending priorities

Thu, 10 Jul 2025 10:39:33 -0400

“Our latest CIO survey reinforced a bullish spending backdrop for AI infrastructure while elevating risks to the broader application category,” analysts wrote.

Oracle was highlighted as a key beneficiary of this trend, with Piper lifting its price target to $270 from $190.

“CIOs planning a material increase in OCI spending shot up to 27% from 18%, 15%, and 4% in previous surveys,” the analysts noted. They also cited growing enterprise demand,

Piper Sandler raises Oracle, cuts Workday as AI reshapes CIO spending priorities

Thu, 10 Jul 2025 10:39:33 -0400

“Our latest CIO survey reinforced a bullish spending backdrop for AI infrastructure while elevating risks to the broader application category,” analysts wrote.

Oracle was highlighted as a key beneficiary of this trend, with Piper lifting its price target to $270 from $190.

“CIOs planning a material increase in OCI spending shot up to 27% from 18%, 15%, and 4% in previous surveys,” the analysts noted. They also cited growing enterprise demand,

Piper Sandler raises Oracle, cuts Workday as AI reshapes CIO spending priorities

Thu, 10 Jul 2025 10:39:33 -0400

“Our latest CIO survey reinforced a bullish spending backdrop for AI infrastructure while elevating risks to the broader application category,” analysts wrote.

Oracle was highlighted as a key beneficiary of this trend, with Piper lifting its price target to $270 from $190.

“CIOs planning a material increase in OCI spending shot up to 27% from 18%, 15%, and 4% in previous surveys,” the analysts noted. They also cited growing enterprise demand,

Piper Sandler raises Oracle, cuts Workday as AI reshapes CIO spending priorities

Thu, 10 Jul 2025 10:39:33 -0400

“Our latest CIO survey reinforced a bullish spending backdrop for AI infrastructure while elevating risks to the broader application category,” analysts wrote.

Oracle was highlighted as a key beneficiary of this trend, with Piper lifting its price target to $270 from $190.

“CIOs planning a material increase in OCI spending shot up to 27% from 18%, 15%, and 4% in previous surveys,” the analysts noted. They also cited growing enterprise demand,

Piper Sandler raises Oracle, cuts Workday as AI reshapes CIO spending priorities

Thu, 10 Jul 2025 10:39:33 -0400

“Our latest CIO survey reinforced a bullish spending backdrop for AI infrastructure while elevating risks to the broader application category,” analysts wrote.

Oracle was highlighted as a key beneficiary of this trend, with Piper lifting its price target to $270 from $190.

“CIOs planning a material increase in OCI spending shot up to 27% from 18%, 15%, and 4% in previous surveys,” the analysts noted. They also cited growing enterprise demand,

SAP remains a Top Pick at Morgan Stanley on positive setup

Wed, 09 Jul 2025 07:05:49 -0400

Investing.com -- Morgan Stanley reaffirmed its Overweight rating and “Top Pick” status on SAP in a note Wednesday, citing reassuring near-term trends from its latest reseller survey and broader channel checks.

"With some elevated nervousness into numbers, we take a more positive view," the analysts wrote.

In its quarterly AlphaWise survey of 30 SAP resellers in the U.S. and Europe, Morgan Stanley noted that overall SAP reseller business growth reaccelerated to 1.1% year-over-year in the second quarter, up from 0.7% in the first quarter.

“Reseller cloud subs growth reaccelerated to +2.6% vs. +0.7%, [and] licence growth also rebounded

SAP remains a Top Pick at Morgan Stanley on positive setup

Wed, 09 Jul 2025 07:05:49 -0400

"With some elevated nervousness into numbers, we take a more positive view," the analysts wrote.

“Reseller cloud subs growth reaccelerated to +2.6% vs. +0.7%, [and] licence growth also rebounded

SAP remains a Top Pick at Morgan Stanley on positive setup

Wed, 09 Jul 2025 07:05:49 -0400

"With some elevated nervousness into numbers, we take a more positive view," the analysts wrote.

“Reseller cloud subs growth reaccelerated to +2.6% vs. +0.7%, [and] licence growth also rebounded

SAP remains a Top Pick at Morgan Stanley on positive setup

Wed, 09 Jul 2025 07:05:49 -0400

"With some elevated nervousness into numbers, we take a more positive view," the analysts wrote.

“Reseller cloud subs growth reaccelerated to +2.6% vs. +0.7%, [and] licence growth also rebounded

BofA adds SAP stock to Top 10 EMEA ideas for Q3

Tue, 01 Jul 2025 06:21:35 -0400

Investing.com -- Bank of America (BofA) has added SAP (NYSE:SAP) (ETR:SAPG) to its top 10 Europe, the Middle East and Africa (EMEA) Ideas list for the third quarter of 2025, reaffirming its Buy rating and €320 price objective.

SAP is BofA’s top large-cap software pick and features on both its “25 Stocks for 2025” and Europe 1 list of top ideas.

Analysts highlight multiple drivers behind the bullish stance. These include strong revenue visibility, underpinned by 95% recurring revenues and a 29% cloud backlog growth in Q1, as well as structural operating leverage and potential for increased cash returns.

Moreover, BofA notes that

BofA adds SAP stock to Top 10 EMEA ideas for Q3

Tue, 01 Jul 2025 06:21:35 -0400

SAP is BofA’s top large-cap software pick and features on both its “25 Stocks for 2025” and Europe 1 list of top ideas.

Moreover, BofA notes that

BofA adds SAP stock to Top 10 EMEA ideas for Q3

Tue, 01 Jul 2025 06:21:35 -0400

SAP is BofA’s top large-cap software pick and features on both its “25 Stocks for 2025” and Europe 1 list of top ideas.

Moreover, BofA notes that

BofA adds SAP stock to Top 10 EMEA ideas for Q3

Tue, 01 Jul 2025 06:21:35 -0400

SAP is BofA’s top large-cap software pick and features on both its “25 Stocks for 2025” and Europe 1 list of top ideas.

Moreover, BofA notes that

BofA adds SAP stock to Top 10 EMEA ideas for Q3

Tue, 01 Jul 2025 06:21:35 -0400

SAP is BofA’s top large-cap software pick and features on both its “25 Stocks for 2025” and Europe 1 list of top ideas.

Moreover, BofA notes that

Piper Sandler starts at SAP at Buy, highlights ’multiple tailwinds beyond 2030’