Morgan Stanley Maintains Equal-Weight on Oracle, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Equal-Weight rating on Oracle (NYSE:ORCL) and raises the price target from $106 to $107.
October 23, 2023 | 1:45 pm
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POSITIVE IMPACT
Oracle's price target has been raised from $106 to $107 by Morgan Stanley, which maintains an Equal-Weight rating on the stock.
The news of Morgan Stanley raising the price target for Oracle indicates a positive outlook for the company. This could potentially lead to an increase in the stock price in the short term as it may boost investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100