UBS Upgrades Oracle to Buy, Raises Price Target to $140
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Karl Keirstead has upgraded Oracle (NYSE:ORCL) from Neutral to Buy and raised the price target from $120 to $140.
August 29, 2023 | 9:09 am
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Oracle's stock has been upgraded to Buy by UBS with a raised price target of $140.
The upgrade from Neutral to Buy by UBS indicates a positive outlook for Oracle. The raised price target from $120 to $140 suggests that the analyst expects the stock to perform well in the short term. This could potentially lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100