Check Out What Whales Are Doing With ORCL
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Oracle (NYSE:ORCL), with 69% of recent trades being bearish. The whales have been targeting a price range from $97.5 to $170.0 for Oracle over the last 3 months. Piper Sandler has downgraded its action to Overweight with a price target of $130. The current price of ORCL is $113.1, down by 1.85%.
August 09, 2023 | 8:31 pm
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Oracle has seen a bearish stance from a significant investor, with a target price range of $97.5 to $170.0. Piper Sandler has downgraded its action to Overweight with a price target of $130. The current price of ORCL is $113.1, down by 1.85%.
The bearish stance taken by a significant investor, along with the downgrade by Piper Sandler, could potentially lead to a decrease in Oracle's stock price in the short term. The current price of ORCL is already down by 1.85%, which may be a reflection of this bearish sentiment.
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IMPORTANCE 80
RELEVANCE 100