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RESEARCH ALERT-Bofa Merrill cuts The Sage Group to neutral

Oct 9 (Reuters) - European Software and IT Services

* Bofa merrill cuts The Sage Group PLC to neutral from buy; price

objective to 320P from 325P

* Bofa merrill raises Atos SA price objective to 57 euros from 53

euors; rating buy

* Bofa merrill raises Telecity Group PLC price objective to 1100P from

1000P; rating buy * Bofa merrill raises Sap AG price objective to 58 euros from 55 euros; rating neutral

* Bofa merrill raises Software AG price objective to 30 euros from 29

euros; rating neutral For a summary of rating actions and price target changes on European companies:

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Symbol
Price
 
Change
%Change
SOW
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SAP
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