Tech rally, hot inflation, oil prices buoyant- what’s moving markets

Go back to Tech rally, hot inflation, oil prices buoyant- what’s moving markets

Argus Upgrades Oracle (ORCL) to Buy

March 14, 2024 7:38 AM EDT

Argus analyst Joseph Bonner upgraded Oracle (NYSE: ORCL) from Hold to Buy with a price target of $145.00.

The analyst comments "Management sees revenue acceleration into FY25. Oracle reported a 16% increase in non-GAAP EPS on 7% revenue growth in fiscal. We are raising Our... More