Barclays Maintains Overweight on Oracle, Raises Price Target to $202
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on Oracle and raised the price target from $172 to $202.
September 13, 2024 | 4:23 pm
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Barclays has maintained an Overweight rating on Oracle and increased the price target from $172 to $202, indicating a positive outlook on the stock.
The increase in price target from $172 to $202 by Barclays suggests a positive outlook for Oracle's stock, likely leading to a short-term price increase. The Overweight rating indicates confidence in Oracle's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100