UBS Maintains Buy on Oracle, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Karl Keirstead maintains a Buy rating on Oracle (NYSE:ORCL) and raises the price target from $150 to $160.
June 12, 2024 | 1:09 pm
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POSITIVE IMPACT
UBS analyst Karl Keirstead maintains a Buy rating on Oracle and raises the price target from $150 to $160, indicating confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst at UBS suggest positive sentiment and confidence in Oracle's future performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100