HSBC Maintains Buy on Oracle, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey maintains a Buy rating on Oracle (NYSE:ORCL) and raises the price target from $144 to $155.
March 13, 2024 | 11:16 am
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HSBC analyst Stephen Bersey maintains a Buy rating on Oracle and raises the price target from $144 to $155.
The upgrade in Oracle's price target by HSBC reflects a positive outlook on the company's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100