Jefferies analyst Brent Thill raised the firm’s price target on Oracle (ORCL) to $220 from $190 and keeps a Buy rating on the shares. Q2 expectations are elevated coming out of a bullish September analyst day and long-term revenue targets that imply a multi-year growth acceleration, but the firm’s survey work indicates modest pipeline improvement, driven by Infra and AI initiatives and slightly offset by Apps, the analyst tells investors.
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