Piper Sandler Maintains Overweight on Oracle, Raises Price Target to $130
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Oracle (NYSE:ORCL) and raises the price target from $104 to $130.
June 09, 2023 | 8:15 am
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Piper Sandler analyst raises Oracle's price target from $104 to $130, maintaining an Overweight rating.
The news of Piper Sandler raising Oracle's price target and maintaining an Overweight rating is positive for the company. This indicates that the analyst believes the stock has potential for further growth, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100