Analyst Expectations For Oracle's Future
Portfolio Pulse from Benzinga Insights
Analysts have shared diverse evaluations of Oracle (NYSE:ORCL) over the past three months, with a mix of bullish, somewhat bullish, and indifferent ratings. The average 12-month price target has increased to $147.88, reflecting a 7.99% rise from the previous average. Several analysts have raised their price targets, indicating positive sentiment towards Oracle's future performance.
June 17, 2024 | 7:01 pm
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Analysts have shown a generally positive sentiment towards Oracle, with several raising their price targets. The average 12-month price target is now $147.88, up 7.99% from the previous average. This indicates a positive outlook for Oracle's stock in the short term.
The increase in the average 12-month price target and the fact that several analysts have raised their price targets indicate a positive outlook for Oracle. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100