DA Davidson Upgrades Oracle to Buy

DA Davidson analyst Gil Luria upgraded Oracle (NYSE: ORCL) from Neutral to Buy with a price target of $180.00.

“We believe that a revamped OpenAI will return to its position as Google’s top challenger and with a fresh stack of capital be able to live up to its obligations this year, including to Oracle.

We believe this will remove the biggest concern from ORCL and are upgrading shares to BUY from Neutral, while maintain our $180 price target.”

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