UBS Maintains Neutral on Oracle, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Karl Keirstead maintains a Neutral rating on Oracle (NYSE:ORCL) and raises the price target from $110 to $120.

June 13, 2023 | 12:20 pm
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NEUTRAL IMPACT
UBS analyst Karl Keirstead maintains a Neutral rating on Oracle and raises the price target from $110 to $120.
The news of UBS maintaining a Neutral rating on Oracle and raising the price target from $110 to $120 indicates that the analyst sees potential for the stock price to increase, but not enough to change the overall rating. This may have a neutral impact on the stock price in the short term, as investors may view the increased price target as a positive sign, but the Neutral rating suggests that there may not be significant upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100