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Stock impact report

Wedbush Assigns Outperform Rating to Oracle Corp. (ORCL) [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On April 24, Wedbush assigned an Outperform rating to Oracle Corp. (NYSE:ORCL), while setting a price target of $225. The firm believes the company is headed towards being a key infrastructure supplier for the larger AI revolution. According to Wedbush, the company's aggressive, contract-backed investment cycle is essentially misinterpreted by the broader market as merely speculative risk. The firm strongly disagrees with this bearish sentiment. The company is currently developing a highly differentiated, next-generation cloud platform by leveraging its deep technological expertise. This specialized operational architecture successfully secures the most demanding artificial intelligence workloads worldwide. On April 23, Morgan Stanley analyst Keith Weiss reduced the price target on Oracle Corp. (NYSE:ORCL) from $213 to $207, while maintaining an Equal Weight rating. The analyst reflected on the third fiscal quarter, which displayed improved confidence in demand as well as the com Show less Read more
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