Oracle Corp (ORCL) Raises Price Target on AI Growth Potential

Reported about 19 hours ago

Citizens’ JMP analysts have raised Oracle Corporation's (NYSE: ORCL) price target from $240 to $315, reflecting confidence in the company's strong growth prospects driven by its market position and recent revenue increase. With a projected fiscal growth rate of 17% for 2026, experts believe Oracle is well-prepared to leverage AI advancements, potentially collaborating with OpenAI to enhance revenue by 2029.

Source: YAHOO

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