Citigroup Maintains Neutral on Oracle, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke has maintained a Neutral rating on Oracle (NYSE:ORCL) and lowered the price target from $138 to $120.
September 13, 2023 | 2:47 pm
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NEGATIVE IMPACT
Oracle's price target has been lowered from $138 to $120 by Citigroup, while maintaining a Neutral rating.
The lowering of Oracle's price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100