Barclays upgraded Oracle stock to Overweight from Equal Weight, and raised its price target to $150 from $126. The software giant offers a 'multiyear...
Oracle stock is getting a boost Tuesday from Barclays analyst Raimo Lenschow, who raised his rating to Overweight from Equal Weight, and lifted his target price to $150 from $126.Lenschow asserts in a research note that Oracle stock offers a “multiyear opportunity for solid growth at high margins” driven by a positive mix shift to the company’s Oracle Cloud business, as well as growth in the cloud-based version of its enterprise application software.
Newsletter Sign-up UBS analyst Karl Keirstead made a similar point last week in upgrading his own rating on the stock to Buy from Neutral, with a $140 price target.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
U.S. stock futures slide as sour news on global economy hits sentimentU.S. stock futures slip as rising bond yields defy dour economic news from China and Europe.
Lire la suite »
Get a lifetime of investment training for just $100 during our Labor Day Sale until 9/4Use code STOCK to get a lifetime subscription to Tykr Stock plus Free Top Tools for Better Stock Picking Course for just $99.97 during our Labor Day Sale through 11:59 PM September 4.
Lire la suite »
| Chalice Mining Ltd. Stock Quote (Australia: Sydney)CHN | Complete Chalice Mining Ltd. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Lire la suite »
| Melco International Development Ltd. Stock Quote (Hong Kong)200 | Complete Melco International Development Ltd. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Lire la suite »
| Jeronimo Martins SGPS S/A Stock Quote (Portugal: Euronext Lisbon )JMT | Complete Jeronimo Martins SGPS S/A stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Lire la suite »
Get a lifetime of investment training for just $100 during our Labor Day Sale until 9/4Use code STOCK to get a lifetime subscription to Tykr Stock plus Free Top Tools for Better Stock Picking Course for just $99.97 during our Labor Day Sale through 11:59 PM September 4.
Lire la suite »