Mizuho Maintains Buy on Oracle, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Siti Panigrahi maintains a Buy rating on Oracle (NYSE:ORCL) and raises the price target from $140 to $160, indicating a positive outlook on the company's stock.
March 12, 2024 | 11:42 am
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Mizuho analyst Siti Panigrahi maintains a Buy rating on Oracle and raises the price target from $140 to $160, suggesting a strong confidence in the company's future performance.
The increase in price target by Mizuho reflects a positive assessment of Oracle's future earnings potential and market position. This endorsement from a reputable analyst is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100