SAP shares fell sharply on Wednesday, making it the worst-performing large-cap European stock after a UBS analyst criticized the German database giant’s slow rollout of artificial-intelligence-based tools. SAP shares declined 4% to 178.40 euros, marking the worst performance in the Stoxx 600 index that day. UBS downgraded the stock to neutral from buy, while raising its price target to 201 euros from 164 euros.
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