Morgan Stanley Maintains Equal-Weight on Oracle, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Equal-Weight rating on Oracle (NYSE:ORCL) and raises the price target from $106 to $115.
March 12, 2024 | 12:34 pm
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Morgan Stanley maintains an Equal-Weight rating on Oracle and raises the price target from $106 to $115.
The increase in Oracle's price target by Morgan Stanley suggests a positive outlook on the company's future performance. This adjustment reflects an expectation of stronger financial health or growth prospects, which could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100