Tekion Appoints Binu Mathew as Chief Technology Officer

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Evercore ISI Reiterates Outperform Rating on Oracle (ORCL)

June 10, 2024 4:03 AM EDT

Evercore ISI analyst Kirk Materne reiterated an Outperform rating and $145.00 price target on Oracle (NYSE: ORCL).

The analyst comments "Almost every Oracle quarter always has something for both bulls & bears, but we think a solid F4Q and FY25 guide that is largely in line with estimates is good enough at these levels. And despite the outperformance YTD, we believe the risk/reward still skews... More