Argus and TD Cowen have recently upgraded SAP's stock ratings to "buy," with target prices set at $320.00 and $305.00, respectively. BMO Capital Markets and JMP Securities also raised their price objectives, reflecting strong analyst support for the company, which has a consensus "buy" rating and an average target price of $264.00. SAP's recent earnings report showed a significant revenue beat, and the company announced an increased annual dividend of $2.5423 per share.