JP Morgan Maintains Overweight on Oracle, Raises Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Murphy maintains an Overweight rating on Oracle (NYSE:ORCL) and raises the price target from $109 to $112.
June 13, 2023 | 4:54 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Oracle and raises the price target from $109 to $112.
The news of JP Morgan maintaining an Overweight rating on Oracle and raising the price target from $109 to $112 indicates a positive outlook for the company. This could lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100