Citigroup Maintains Neutral on Oracle, Raises Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Oracle and raises the price target from $140 to $157.
September 11, 2024 | 4:23 pm
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Citigroup analyst Tyler Radke has maintained a Neutral rating on Oracle but increased the price target from $140 to $157, indicating a positive outlook on the stock's potential value.
The increase in price target from $140 to $157 by Citigroup suggests a positive outlook on Oracle's future performance. Although the rating remains Neutral, the raised target indicates potential for stock appreciation, which could lead to a short-term positive impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100