B of A Securities Maintains Neutral on Oracle, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Oracle while raising its price target from $175 to $195.
September 13, 2024 | 4:47 pm
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B of A Securities has maintained a Neutral rating on Oracle, but increased the price target from $175 to $195, indicating a positive outlook despite the neutral stance.
The increase in the price target suggests a positive outlook for Oracle's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100