KeyBanc raised the firm’s price target on Oracle to $175 from $165 and keeps an Overweight rating on the shares following quarterly results. Overall, the firm is “happy to continue to own the stock” with a secular tailwind showing up in some of the numbers with other numbers to follow.
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Read More on ORCL:
- Oracle emerges as attractive cloud provider for AI, WSJ reports
- Oracle price target raised to $170 from $150 at Jefferies
- Oracle price target raised to $172 from $160 at Barclays
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