Piper Sandler Maintains Overweight on Oracle, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Oracle and raises the price target from $150 to $175.
September 10, 2024 | 9:08 am
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Piper Sandler has increased its price target for Oracle from $150 to $175, maintaining an Overweight rating. This suggests confidence in Oracle's future performance.
The increase in price target from $150 to $175 by Piper Sandler indicates a positive outlook on Oracle's future performance. The Overweight rating suggests that the analyst expects Oracle to outperform its peers, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100