JP Morgan Maintains Neutral on Oracle, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Murphy maintains a Neutral rating on Oracle (NYSE:ORCL) but raises the price target from $120 to $140.
September 13, 2024 | 7:29 pm
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JP Morgan analyst Mark Murphy maintains a Neutral rating on Oracle but raises the price target from $120 to $140, indicating a positive outlook on the stock's potential.
The increase in the price target from $120 to $140 suggests that JP Morgan sees potential upside in Oracle's stock, which could positively influence investor sentiment and lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100