DA Davidson Maintains Neutral on Oracle, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria maintains a Neutral rating on Oracle (NYSE:ORCL) but raises the price target from $105 to $140.
September 10, 2024 | 1:54 pm
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DA Davidson has maintained a Neutral rating on Oracle but increased the price target from $105 to $140, indicating a positive outlook despite the neutral stance.
The increase in the price target from $105 to $140 suggests a positive outlook for Oracle's stock, even though the rating remains Neutral. This could lead to a short-term positive impact on the stock price as investors may interpret the higher price target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100