Oracle gains as cloud infrastructure business gets AI boost

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Go back to Oracle gains as cloud infrastructure business gets AI boost

Oracle (ORCL) PT Raised to $140 at Citi

June 12, 2024 7:07 AM EDT

Citi analyst Tyler Radke raised the price target on Oracle (NYSE: ORCL) to $140.00 (from $128.00) while maintaining a Neutral rating.

The analyst comments "A broad-based revenue miss was saved once again by strong bookings performance as ORCL notched several key AI training contracts... More