Oracle Analysts Focus On AI-Driven Bookings Strength, Expect Revenue Acceleration To Continue

Benzinga · Sep 10 22:54

Shares ofOracle Corp(NYSE:ORCL) climbed in early trading on Tuesday, after the company reported upbeat fiscal first-quarter results.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

JMP Securities analyst Patrick Walravens upgraded the rating to Market Outperform with a price target of $175.
KeyBanc Capital Markets analyst Jackson Ader reaffirmed an Overweight rating, while raising the price target from $165 to $175.
Stifel analyst Brad Reback maintained a Hold rating, while lifting the price target from $135 to $155.
JPMorgan analyst Mark Murphy reiterated a Neutral rating and price target of $120.JPMorgan
Bank of...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.

Oracle Analysts Focus On AI-Driven Bookings Strength, Expect Revenue Acceleration To Continue

Risk Disclaimer