Oracle shares are trading higher after Barcalys upgraded the stock from Equal-Weight to Overweight and raised its price target from $126 to $150.
Portfolio Pulse from Benzinga Newsdesk
Oracle's stock has been upgraded from Equal-Weight to Overweight by Barclays, which also raised its price target from $126 to $150. This has resulted in Oracle shares trading higher.
September 05, 2023 | 3:12 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Oracle's stock has been upgraded by Barclays, leading to higher trading. The price target has also been raised from $126 to $150.
The upgrade from Barclays is a positive signal to investors, indicating a bullish outlook for Oracle. The raised price target also suggests that Barclays sees potential for significant growth in Oracle's stock price. This news is likely to increase investor confidence and demand for Oracle shares, leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100