Oracle slides as revenue target miss spotlights tough cloud competition
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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
