Oracle slides as revenue target miss spotlights tough cloud competition
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Oracle (ORCL) PT Raised to $189 at CFRA
December 10, 2024 10:06 AM ESTCFRA analyst Angelo Zino raised the price target on Oracle (NYSE: ORCL) to $189.00 (from $172.00) while maintaining a Hold rating.
The analyst comments "We lift our 12-month target to $189 from $172, applying the same forward P/E of 25x but shifting to our CY 26 EPS... More
