Goldman Sachs Maintains Neutral on Oracle, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan maintains a Neutral rating on Oracle (NYSE:ORCL) and raises the price target from $115 to $130.
March 12, 2024 | 2:32 pm
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Goldman Sachs maintains a Neutral rating on Oracle but raises the price target from $115 to $130.
The increase in price target by Goldman Sachs suggests a positive outlook on Oracle's future performance, potentially leading to increased investor confidence and a short-term positive impact on Oracle's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90