Oracle shares rise further to record high on bumper AI-fueled forecast

Go back to Oracle shares rise further to record high on bumper AI-fueled forecast

BofA Securities Reiterates Buy Rating on Amazon.com (AMZN), PT $210, 'we think AWS remains well-positioned'

September 17, 2024 9:32 AM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $210.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Bloomberg reported that AWS and Intel will coinvest in custom chip designs under a "multi-year, multi-billion-dollar" partnership. As part of the... More

Deutsche Bank Reiterates Buy Rating on Microsoft (MSFT)

September 17, 2024 9:31 AM EDT

Deutsche Bank analyst Brad Zelnick reiterated a Buy rating and $475.00 price target on Microsoft (NASDAQ: MSFT).

The analyst comments "What's New: Consistent with historical cadence, Microsoft announced a 10.7% increase in its quarterly dividend to $0.83/sh (from $0.75/sh) on Monday after the close, along with a new $60bn share repurchase authorization with no set expiration... More

Melius Upgrades Oracle (ORCL) to Buy, 'Larry's Encore Should Last a While'

September 16, 2024 6:21 AM EDT

Melius analyst Ben Reitzes upgraded Oracle (NYSE: ORCL) from Hold to Buy with a price target of $20.00.

The analyst comments "Upgrading Oracle to Buy with $210 target: Larry is on a roll - and it should continue. The Oracle Founder isn't... More

Oracle (ORCL) PT Raised to $172 at CFRA

September 13, 2024 3:21 PM EDT

CFRA analyst Angelo Zino raised the price target on Oracle (NYSE: ORCL) to $172.00 (from $150.00) while maintaining a Hold rating.

The analyst comments "We up our 12-month target to $172 from $150, on a higher revised P/E of 25x our CY 25 EPS estimate of $6.88,... More

Citi Reiterates Neutral Rating on Oracle (ORCL)

September 13, 2024 7:08 AM EDT

Citi analyst Tyler Radke reiterated a Neutral rating and $157.00 price target on Oracle (NYSE: ORCL).

The analyst comments "A good week for ORCL continued with Thursdays analyst day which featured a strong message around OCI and the conversion opportunity in Apps/Database.... More

Oracle (ORCL) PT Raised to $200 at Deutsche Bank

September 13, 2024 6:37 AM EDT

Deutsche Bank analyst Brad Zelnick raised the price target on Oracle (NYSE: ORCL) to $200.00 (from $180.00) while maintaining a Buy rating.

The analyst comments "Our time at Oracle's CloudWorld conference and related analyst meeting reinforces our confidence in the company's continued cloud momentum (OCI + AI +... More

Oracle (ORCL) PT Raised to $140 at JPMorgan

September 13, 2024 5:21 AM EDT

JPMorgan analyst Mark Murphy raised the price target on Oracle (NYSE: ORCL) to $140.00 (from $120.00) while maintaining a Neutral rating.

The analyst comments "We have a Neutral rating on Oracle. We think the presence of a resilient, sticky, and largely recurring revenue stream with... More