Oracle price target raised to $221 from $202 at Barclays

Barclays raised the firm’s price target on Oracle (ORCL) to $221 from $202 and keeps an Overweight rating on the shares following the Q4 report. Oracle has been trying to tell investors that the story has changed but uneven quarters allowed investors to remain skeptical, the analyst tells investors in a research note. However, the firm says the better Q4, and more importantly remaining performance obligation And guidance, “are giving a clear picture that should no longer be ignored.”