HSBC Initiates Coverage On Oracle with Buy Rating, Announces Price Target of $144
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey has initiated coverage on Oracle (NYSE:ORCL) with a Buy rating and a price target of $144.
September 15, 2023 | 9:35 am
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HSBC has initiated coverage on Oracle with a Buy rating and a price target of $144, which could positively impact the company's stock.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, HSBC's Buy rating and high price target for Oracle suggest a positive outlook for the company, which could lead to an increase in its stock price in the short term.
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IMPORTANCE 80
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