Barclays Maintains Overweight on Oracle, Raises Price Target to $147
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Oracle (NYSE:ORCL) and raises the price target from $140 to $147.
March 12, 2024 | 10:10 am
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Barclays has maintained an Overweight rating on Oracle and increased the price target from $140 to $147.
The upgrade in the price target by Barclays, a reputable financial institution, suggests a strong confidence in Oracle's future performance. This is likely to be viewed positively by the market, potentially leading to an increase in Oracle's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100