Reported 2 days ago
Oracle shares surged to an all-time high after reporting quarterly results that surpassed Wall Street expectations, driven by a strong outlook for cloud revenue growth exceeding 70%. Analysts have raised their price targets, with projections hinting at a possible upside to $275 amid an overbought condition. Key support levels to watch are around $180 and $154, which could present buying opportunities during potential pullbacks.
Source: YAHOO