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Oracle (ORCL) PT Raised to $160 at Evercore ISI
June 12, 2024 5:12 AM EDTEvercore ISI analyst Kirk Materne raised the price target on Oracle (NYSE: ORCL) to $160.00 (from $145.00) while maintaining a Outperform rating.
The analyst comments "Bottom line: Not surprisingly, there were some moving parts to Oracles F4Q as revenue came in at $14.3bn vs. consensus of $14.5bn and EPS was $1.63 vs. expectations of $1.65. There were a multitude of factors that led to the... More
DA Davidson Reiterates Neutral Rating on Oracle (ORCL)
June 12, 2024 5:09 AM EDTDA Davidson analyst Gil Luria reiterated a Neutral rating and $105.00 price target on Oracle (NYSE: ORCL).
The analyst comments "We maintain our NEUTRAL rating and $105 price target following a miss and guide below consensus, offset by heightened demand for AI training compute capacity on Oracle's... More
Evercore ISI Reiterates Outperform Rating on Oracle (ORCL)
June 10, 2024 4:03 AM EDTEvercore 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
