B of A Securities Maintains Neutral on Oracle, Raises Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Brad Sills maintains a Neutral rating on Oracle (NYSE:ORCL) and raises the price target from $122 to $144.
March 12, 2024 | 11:18 am
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Oracle's price target was raised from $122 to $144 by B of A Securities, while maintaining a Neutral rating.
The increase in Oracle's price target by B of A Securities suggests a positive outlook on the company's future performance, potentially leading to a short-term increase in stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, which might temper the impact of the price target increase.
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