TD Cowen Maintains Outperform Rating for Oracle: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
TD Cowen maintains its Outperform rating for Oracle (NYSE:ORCL) and raises its price target from $117.00 to $137.00, a potential 15.8% increase from the current share price. Oracle shares are trading up 1.61% over the last 24 hours.
June 13, 2023 | 5:01 pm
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TD Cowen maintains Outperform rating for Oracle and raises price target to $137.00, indicating a potential 15.8% increase. Oracle shares are up 1.61% over the last 24 hours.
TD Cowen's decision to maintain its Outperform rating and raise the price target for Oracle indicates a positive outlook for the company's stock. The potential 15.8% increase in share price suggests that the analyst believes Oracle's stock is undervalued and has room for growth. This news is likely to have a positive impact on Oracle's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100