BofA analyst Brad Sills raised the firm’s price target on Oracle to $95 from $90 and keeps a Neutral rating on the shares after the company reported "solid" Q2 results and guided for Q3 revenue growth of 17%-19%. Sills, who said he sees "balanced" positives and negatives in Q2, fine-tuned his estimates following the report.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on ORCL:
- Oracle growth accelerating in difficult backdrop, says Deutsche Bank
- Oracle price target raised to $85 from $75 at Piper Sandler
- Oracle sees Q3 EPS $1.23-$1.27, consensus $1.24
- Oracle Stock Gains after Solid Q2 Earnings Report
- Oracle reports Q2 total cloud revenue $3.8B, up 43% in USD, up 48% in CC
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue