UUBS OOracle · ORCL
UBS Reiterates Buy Rating on Oracle
Rating
Buy
Price target
$250
Previous
$250
Implied upside
+72%
UBS analyst Karl Keirstead reiterated a Buy rating and $250.00 price target on Oracle (NYSE: ORCL).
“This morning Oracle announced the appointment of Hilary Maxson – the current CFO of Schneider Electric ($45 billion in revs, 160k+ employees) – as the new CFO, succeeding Doug Kehring, who was in the seat for just seven months or so.
Oracle is positioning this change as being a planned transition and in general, we view this change as being favorable.
We remain Buy-rated on Oracle shares.”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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