Oracle Corporation (ORCL)

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Wolfe Research Begins Coverage on Oracle (ORCL)
By: MarketBeat | April 28, 2021

Stock analysts at Wolfe Research assumed coverage on shares of Oracle (NYSE:ORCL) in a report released on Wednesday, Benzinga reports. The brokerage set a "peer perform" rating and a $75.00 price target on the enterprise software provider's stock. Wolfe Research's price objective points to a potential downside of 0.29% from the stock's previous close.

Several other analysts have also recently weighed in on the stock. Sanford C. Bernstein reaffirmed a "buy" rating and issued a $81.00 target price on shares of Oracle in a report on Thursday, March 11th. Citigroup assumed coverage on shares of Oracle in a report on Wednesday, March 3rd. They issued a "neutral" rating and a $65.00 target price on the stock. Evercore ISI assumed coverage on shares of Oracle in a research note on Monday, March 22nd. They issued an "in-line" rating and a $66.00 price target on the stock. BMO Capital Markets increased their price target on shares of Oracle from $64.00 to $80.00 and gave the company a "market perform" rating in a research note on Tuesday, March 9th. Finally, Societe Generale reiterated a "hold" rating on shares of Oracle in a research note on Wednesday, March 17th. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and ten have given a buy rating to the company's stock. The stock presently has a consensus rating of "Hold" and a consensus target price of $71.36.

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