In a report released today, from Phillip Securities initiated coverage with a Buy rating on Oracle and a price target of $350.00. The company’s shares closed yesterday at $288.63.
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In addition to Phillip Securities, Oracle also received a Buy from TD Cowen’s Cherilyn Radbourne in a report issued yesterday. However, on September 30, RBC Capital maintained a Hold rating on Oracle (NYSE: ORCL).
The company has a one-year high of $345.72 and a one-year low of $118.86. Currently, Oracle has an average volume of 19.88M.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ORCL in relation to earlier this year. Last month, Naomi Seligman, a Director at ORCL sold 2,222.00 shares for a total of $641,958.02.
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- Oracle initiated with a Buy at Phillip Securities
- Oracle’s Promising Growth Trajectory and Strategic Partnerships Reinforce Buy Rating
- Top Evercore Analyst Reaffirms Buy Rating on CoreWeave Stock (CRWV) Amid AI Bubble Concerns
- Baird starts Oracle with Outperform on AI infrastructure exposure
- Oracle initiated with an Outperform at Baird
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