Analysts issue opposing Oracle price targets with 15% upgrade and 10% cut
A Wall Street analyst upgraded Oracle to Buy and raised its 12-month price target by roughly 15% citing accelerating cloud infrastructure demand. Another strategist downgraded Oracle to Underperform and cut its 12-month target by about 10% over decelerating database license sales.
1. Upgrade Details
A leading analyst raised Oracle’s rating to Buy and lifted the 12-month price target by roughly 15%, attributing the move to accelerating adoption of Oracle’s cloud infrastructure services and expanding enterprise contracts.
2. Downgrade Details
In contrast, another prominent strategist downgraded Oracle to Underperform and cut its 12-month price target by about 10%, citing decelerating growth in database licensing revenue and intensifying competitive pressures in the cloud segment.
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