UBS Maintains Neutral on Oracle, Raises Price Target to $110
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Karl Keirstead maintains a Neutral rating on Oracle (NYSE:ORCL) and raises the price target from $90 to $110.

June 07, 2023 | 12:38 pm
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NEUTRAL IMPACT
UBS analyst Karl Keirstead maintains a Neutral rating on Oracle and raises the price target from $90 to $110.
The news of UBS maintaining a Neutral rating on Oracle and raising the price target from $90 to $110 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance or underperformance compared to the market. This may have a limited short-term impact on the stock price, as investors may take the new price target into consideration but may not see it as a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100