Bernstein Maintains Outperform on Oracle, Raises Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Mark Moerdler maintains an Outperform rating on Oracle (ORCL) and raises the price target from $147 to $159.
March 12, 2024 | 11:45 am
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Bernstein analyst Mark Moerdler maintains an Outperform rating on Oracle and raises the price target from $147 to $159.
The upgrade in Oracle's price target by a reputable analyst suggests a positive outlook on the company's future performance. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100