Oracle price target raised to $90 from $87 at UBS

UBS analyst Karl Keirstead raised the firm’s price target on Oracle to $90 from $87 and keeps a Neutral rating on the shares. OCI has become a more meaningful part of the Oracle growth equation and both Oracle’s presentation at OCI Day and the firm’s checks leave it modestly more constructive on the OCI potential, the analyst tells investors in a research note.