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0.000345731526362597 -0.000148382629340198 9.89217528935119E-05 0.000296765258680395 -0.00058413295083588 -0.000296765258680395 9.84271441290282E-05 -0.000165693936096566
Stock impact report

Jefferies' $400 Oracle (ORCL) Target Reflects Confidence in AI Infrastructure [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
its Buy rating and $400 price target on the stock and named it one of its top picks, citing multiple factors, including its long-term positioning in the AI infrastructure space. While there have been concerns about the debt Oracle Corporation (NYSE:ORCL) has been piling up to fund its AI-related expansion plans, the analyst believes that the company's investment case rests on accelerating its data center buildout to meet surging AI compute demand. He also believes that it is critical for the company to execute this strategy to convert its more than $523 billion backlog into revenue in a timely manner. If Oracle delivers on its strategy as planned, it could solidify its position as a core infrastructure provider for AI workloads across hybrid and multi-cloud environments. Jefferies also views Oracle Corporation's (NYSE:ORCL) valuation as compelling after the substantial pullback in Oracle shares over the past three months. The firm believes Oracle should command a higher valuation Show less Read more
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