Jefferies Maintains Buy on Oracle, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brent Thill maintains a Buy rating on Oracle (ORCL) and raises the price target from $145 to $150.
March 12, 2024 | 10:56 am
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POSITIVE IMPACT
Jefferies maintains a Buy rating on Oracle and raises the price target from $145 to $150.
The upgrade in price target by a reputable analyst firm like Jefferies typically signals a positive outlook on the stock, suggesting an expectation of strong performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100