Citigroup Maintains Neutral on Oracle, Raises Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Oracle (NYSE:ORCL) and raises the price target from $86 to $106.
June 09, 2023 | 4:48 pm
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Citigroup maintains a Neutral rating on Oracle and raises the price target from $86 to $106.
Citigroup's analyst Tyler Radke maintains a Neutral rating on Oracle, indicating that the stock is fairly valued. However, the raised price target from $86 to $106 suggests that there is potential for the stock price to increase in the future. The impact on the stock price in the short term is neutral as the rating remains unchanged.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100