Evercore ISI Group Maintains Outperform on Oracle, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Oracle and raised its price target from $160 to $175, indicating a positive outlook for the company's stock.
September 10, 2024 | 1:14 pm
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Evercore ISI Group has maintained an 'Outperform' rating on Oracle and increased the price target from $160 to $175, suggesting confidence in Oracle's future performance.
The increase in price target from $160 to $175 by Evercore ISI Group reflects a positive sentiment towards Oracle's future performance. The 'Outperform' rating suggests that the analyst expects Oracle to perform better than the market average, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100