Oracle price target raised to $205 from $175 at JMP Securities

JMP Securities raised the firm’s price target on Oracle (ORCL) to $205 from $175 and keeps an Outperform rating on the shares. The firm’s private company checks suggest Q3 was “not that different” from Q2, with one check suggesting Oracle has the most sophisticated infrastructure for hosting GPUs anywhere, the analyst tells investors in a research note.