Jefferies Maintains 'Buy' Rating for Oracle Stock
On June 23, Jefferies analyst Brent Thill reiterated a 'Buy' rating on Oracle (ORCL) stock with a price target of $320. Despite concerns over flat full-year sales outlook and slightly below expectations cloud software sales, the firm remains optimistic about Oracle's core AI growth potential.
Tickers: $ORCL
Topics: AI Growth Cloud Computing Federal Contracts Jefferies Oracle