Oracle Corporation (ORCL)

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Oracle (ORCL) Price Target Increased to $80.00 by Analysts at BMO Capital Markets
By: MarketBeat | March 9, 2021

Oracle (NYSE:ORCL) had its target price raised by investment analysts at BMO Capital Markets from $64.00 to $80.00 in a note issued to investors on Tuesday, The Fly reports. The firm currently has a "market perform" rating on the enterprise software provider's stock. BMO Capital Markets' price objective points to a potential upside of 10.86% from the stock's current price.

ORCL has been the topic of a number of other research reports. Cleveland Research downgraded shares of Oracle from a "buy" rating to a "neutral" rating in a research note on Tuesday, December 8th. Monness Crespi & Hardt upgraded shares of Oracle from a "neutral" rating to a "buy" rating and set a $82.00 target price on the stock in a research note on Friday, December 18th. Piper Sandler boosted their target price on shares of Oracle from $50.00 to $57.00 and gave the company a "neutral" rating in a research note on Friday, December 11th. Royal Bank of Canada boosted their target price on shares of Oracle from $68.00 to $71.00 and gave the company an "outperform" rating in a research note on Friday, December 11th. Finally, The Goldman Sachs Group initiated coverage on shares of Oracle in a research note on Thursday, January 21st. They issued a "sell" rating and a $60.00 target price on the stock. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and thirteen have given a buy rating to the stock. Oracle has an average rating of "Hold" and an average price target of $67.16.

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