Panasonic Information Systems Selects Oracle Cloud Infrastructure to Drive Modernization of Internal Systems Across the Group

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Oracle (ORCL) PT Raised to $165 at Deutsche Bank

June 17, 2024 5:25 AM EDT

Deutsche Bank analyst Brad Zelnick raised the price target on Oracle (NYSE: ORCL) to $165.00 (from $150.00) while maintaining a Buy rating.

The analyst comments "Incorporating F4Q results and guidance into our model we adjust our FY25/26 revenue estimates to $57.7/$64.5bn and our FY25/26 non-GAAP... More