The Latest Analyst Ratings for Oracle
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Oracle (NYSE:ORCL) in the last quarter, with 7 bullish, 5 somewhat bullish, and 9 indifferent ratings. No bearish ratings were given. The average 12-month price target for Oracle is $129.86, which is a 4.49% increase from the previous target of $124.28. The high target is $150.00 and the low is $100.00. These ratings are based on predictions of Oracle's future earnings and revenue, and are updated quarterly or after major company events.
November 13, 2023 | 1:00 pm
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POSITIVE IMPACT
Oracle has received a positive outlook from analysts with an average price target of $129.86, reflecting a 4.49% increase from the previous target. The absence of bearish ratings suggests a favorable sentiment.
The increase in the average price target and the lack of bearish ratings among analysts suggest a positive sentiment towards Oracle's stock in the short term. This could lead to an upward movement in the stock price as investors react to the analysts' consensus.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100