JMP Securities Maintains Market Outperform on Oracle, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Oracle and raised its price target from $175 to $205, indicating confidence in Oracle's future performance.
October 18, 2024 | 3:35 pm
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JMP Securities has increased Oracle's price target from $175 to $205 while maintaining a Market Outperform rating, suggesting a positive outlook for Oracle's stock.
The increase in price target from $175 to $205 by JMP Securities reflects a strong positive sentiment towards Oracle's future performance. Maintaining a Market Outperform rating suggests that the analyst expects Oracle to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100