Oracle shares are trading higher after Wolfe Research upgraded the stock from Peer Perform to Outperform.
Portfolio Pulse from Benzinga Newsdesk
Oracle's stock is trading higher following an upgrade from Wolfe Research, which changed its rating from Peer Perform to Outperform.
June 12, 2023 | 10:58 am
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POSITIVE IMPACT
Oracle's stock price is expected to increase in the short term due to Wolfe Research's upgrade from Peer Perform to Outperform.
The upgrade from Wolfe Research is a positive signal for Oracle's stock, as it indicates that the research firm believes the company will outperform its peers. This can lead to increased investor interest and demand for the stock, driving the price higher in the short term.
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IMPORTANCE 80
RELEVANCE 100