Oracle posts upbeat quarterly revenue on cloud demand, Cerner boost

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Oracle (ORCL) PT Raised to $95 at BMO Capital

December 13, 2022 11:31 AM EST

BMO Capital analyst Keith Bachman raised the price target on Oracle (NYSE: ORCL) to $95.00 (from $90.00) while maintaining a Market Perform rating following earnings.

The analyst commented, "ORCL reported organic revenue growth of over 9% y/y CC, driven by strength in license and cloud... More

Oracle (ORCL) shares rise after-hours after topping earnings, revenue expectations

December 12, 2022 4:18 PM EST

Oracle (NYSE: ORCL) shares have risen in extended trading Monday after the company reported its fiscal second-quarter earnings, topping analyst consensus expectations.

Oracle shares closed the regular session up 1.77%. It is currently up 2.95% after hours.

The technology firm posted adjusted earnings per... More