Barclays Upgrades Oracle to Overweight, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has upgraded Oracle (NYSE:ORCL) from Equal-Weight to Overweight and raised the price target from $126 to $150.
September 05, 2023 | 9:03 am
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POSITIVE IMPACT
Oracle's stock has been upgraded by Barclays from Equal-Weight to Overweight, with a price target increase from $126 to $150.
The upgrade from Barclays indicates a positive outlook for Oracle. The increase in price target suggests that the analyst believes the stock has potential for significant growth. This could lead to increased investor interest and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100