
News
Oracle announced its quarterly report, and several investment banks updated their target prices for the tech giant. Wolfe Research significantly raised Oracle's target price from $300 to $400, indicating a 67% upside potential from the latest closing price, corresponding to a market value of $1.12 trillion; Bank of America raised Oracle's target price from $295 to $368; Jefferies raised Oracle's target price from $270 to $360; Piper Sandler raised Oracle's target price from $270 to $330; D.A. Davidson raised Oracle's target price from $220 to $300; Bank of Montreal raised Oracle's target price from $275 to $345; Royal Bank of Canada raised Oracle's target price from $195 to $310; Scotiabank raised Oracle's target price from $300 to $350; Mizuho Securities raised the target stock price from $300 to $350; Melius Research raised the target stock price from $270 to $370
