Oracle price target raised to $210 from $185 at Mizuho

Mizuho raised the firm’s price target on Oracle (ORCL) to $210 from $185 and keeps an Outperform rating on the shares post the fiscal Q2 report. The cloud infrastructure business remained robust and Oracle’s broad portfolio of infrastructure and application products, its multi-cloud strategy through hyperscaler partnerships, and “unprecedented AI demand position it well to reaccelerate growth,” the analyst tells investors in a research note. The firm sees the current share weakness as a buying opportunity.