Citigroup Maintains Neutral on Oracle, Raises Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke has maintained a Neutral rating on Oracle (NYSE:ORCL) and raised the price target from $121 to $138.
September 11, 2023 | 3:17 pm
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Oracle's price target has been raised from $121 to $138 by Citigroup, while maintaining a Neutral rating.
The increase in Oracle's price target by Citigroup indicates a positive outlook for the company's stock. However, the Neutral rating suggests that the stock is fairly valued at the moment, which might not trigger a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100