Oracle Stock (NYSE: ORCL) Price Target Raised by Citi
Oracle Corporation (NYSE: ORCL) has garnered increased attention from financial analysts, with several firms adjusting their price targets and ratings. The adjustments come after a recent pullback in Oracle’s stock price, presenting what some analysts view as an attractive entry point for investors.
Oracle’s stock is currently trading at $301.50, up 1.53% in pre-market trading. This recent uptick reflects a broader positive sentiment fueled by analyst upgrades and anticipated company updates. Year to date, the stock has seen a gain of 78.86%.
Citi raised its price target on Oracle to $415 from $395, reiterating a “Buy” rating. The investment firm believes the recent 10% decline in Oracle’s share price, driven by concerns over…
