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Oracle Stock Just Scored a New $325 Price Target

Oracle Stock Just Scored a New $325 Price Target

Oracle Corp_ office logo-by Mesut Dogan via iStock
Oracle Corp_ office logo-by Mesut Dogan via iStock

Oracle (ORCL) received a fresh vote of confidence from Bernstein this morning as the investment firm reaffirmed its “Outperform” rating and $325 price target on the AI infrastructure giant.

In his research note, analyst Mark Moerdler said ORCL’s recent selloff overshadows its improving long-term fundamentals, particularly as its AI business continues to gain traction.

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His bullish call arrives at a time when Oracle stock has fallen out of favor with investors, currently trading at nearly half its year-to-date high set in early June.

www.barchart.com

Why Bernstein Recommends Owning Oracle Stock

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