Bernstein analyst Mark Moerdler raised the firm’s price target on Oracle to $201 from $175 and keeps an Outperform rating on the shares. Oracle posted a solid quarter with solid guidance for FY25, demoed a strong lineup of technology innovation at their conference, and then capped the week by raising the FY26 revenue guidance and initiating strong FY29 guidance, the analyst tells investors in a research note. The firm’s time spent at Oracle Cloud World conference increased its confidence in the business and technological reasons Oracle’s growth will accelerate, the analyst says.
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