Morgan Stanley Maintains Equal-Weight on Oracle, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Equal-Weight rating on Oracle and raises the price target from $125 to $145.
September 10, 2024 | 10:41 am
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Morgan Stanley has maintained its Equal-Weight rating on Oracle but increased the price target from $125 to $145, indicating a positive outlook.
The increase in price target from $125 to $145 by Morgan Stanley suggests a positive outlook for Oracle's stock, which could lead to a short-term price increase. The maintained Equal-Weight rating indicates a balanced view, but the higher price target is a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100