Barclays Maintains Overweight on Oracle, Lowers Price Target to $147
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on Oracle (NYSE:ORCL) but lowered the price target from $150 to $147.

September 12, 2023 | 4:14 pm
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Oracle's price target has been lowered from $150 to $147 by Barclays, though the Overweight rating is maintained.
The news of Barclays lowering Oracle's price target could potentially create some uncertainty among investors, possibly leading to short-term price volatility. However, the maintained Overweight rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
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