$Oracle(ORCL)$ Recent analyst

JackJackson

06-10

$Oracle(ORCL)$ Recent analyst ratings and price target updates.

Bank of America Securities maintained a Buy rating, raising the price target from $200 to $240.

Evercore ISI Group maintained an Outperform rating, raising the price target from $220 to $245.

Oppenheimer maintained an Outperform rating, raising the price target from $235 to $275.

TD Cowen maintained a Buy rating, raising the price target from $250 to $300.

Cantor Fitzgerald maintained an Overweight rating, raising the price target from $229 to $284.

RBC Capital maintained a Sector Perform rating, raising the price target from $160 to $190.

BTIG reiterated a Buy rating with a price target of $400.

Also worth noting, in April the company announced job cuts of up to 30,000, roughly 18% of its global workforce, despite a record Q3. Now entering Q4, expectations and revenue forecasts are elevated.

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