CLSA Analyst Issues Cautious Outlook on Oracle Stock Amid AI Ambitions
CLSA analyst Bhavtosh Vajpayee initiated coverage on Oracle (ORCL) with a Hold rating and a $145 price target, significantly lower than the current Wall Street average. The firm expressed concerns over Oracle's ability to fund its ambitious cloud goals by 2030 without substantial external capital.
Tickers: $ORCL
Topics: AI investments CLSA analyst report Oracle stock price target