SAP (SAP +2.9%) is closing on its 52-week high after receiving an upgrade to Outperform from...

|About: SAP AG (SAP)|By:, SA News Editor

SAP (SAP +2.9%) is closing on its 52-week high after receiving an upgrade to Outperform from William Blair. The firm argues SAP is benefiting from acquisitions, new innovations, end-to-end product suites, and strong demand for its Hana in-memory database. SAP's sales growth has easily outpaced that of archrival Oracle (ORCL) in recent quarters.