Piper Sandler Reiterates Overweight on Oracle, Maintains $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Oracle (NYSE:ORCL) and maintained a price target of $130.
September 12, 2023 | 8:18 am
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POSITIVE IMPACT
Oracle's stock rating has been reiterated as Overweight by Piper Sandler, with a maintained price target of $130.
The reiteration of an Overweight rating by Piper Sandler indicates a positive outlook for Oracle's stock. The maintained price target of $130 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100