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APR 05, 2013 - Business Insider

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Morgan Stanley Analyst Defends SAP Over 'Inflated' Growth Claims (SAP)

Morgan Stanley analyst Adam Wood has come to SAP's defense over a flap started yesterday by another Wall Street analyst who criticized the company. Wood called the competitor's research note a "Poor piece of analysis where the only outcome could be that SAP decides to stop disclosing as much in future in line with their peers which would be a shame." However, Wood also did reluntantly confirm that his competitor, Cowen & Co.'s Peter Goldmacher, wasn't completely off-base. It all started when Cowen & Co.'s Peter Goldmacher questioned how SAP executives can claim that their uber ... Read More

Tags: Morgan Stanley Analyst Defends SAP Over 'Inflated' Growth Claims (SAP),  Uber Latest News