The Globe and Mail reports in its Thursday edition that Eight Capital analyst Adhir Kadve has reaffirmed his "buy" recommendation for Coveo Solutions. The Globe's David Leeder writes that Mr. Kadve boosted his share target by $2.50 to $16. Analysts on average target the shares at $13.70. Mr. Kadve likes Coveo's partnership with SAP. He sees it as "a key growth driver" for Coveo, offering "robust" opportunities from artificial intelligence. Mr. Kadve says in a note: "A key partnership which is expected to help accelerate revenue growth in F25 is Coveo's relationship with SAP. Recall that SAP leverages Coveo's search and recommendations capabilities to further enhance its SAP Commerce Cloud platform (formerly known as Hybris). The SAP platform has 3,000 customers who run more than $1-trillion in GMV through the SAP platform. Further enhancing the relationship is Coveo's endorsed status within the ecosystem, which incentives SAP sales representatives to sell Coveo's search capabilities to the same degree as any SAP function. Further, the pipeline generated through the SAP channel includes qualified leads with larger ACVs that come with lower acquisition costs and a higher propensity to close, thus accretive to margins."