Analysts reboot Oracle stock price targets after earnings

From Yahoo Finance: 2025-06-12 18:49:00

Oracle’s stock price targets were adjusted by analysts after strong earnings, with co-founder Larry Ellison predicting Oracle’s dominance in cloud computing. Ellison’s net worth soared, surpassing Jeff Bezos and Mark Zuckerberg. Oracle’s earnings and revenue beat expectations, propelling the stock price up 13%. Analysts are optimistic about Oracle’s growth potential. Bank of America raised its price target to $220, citing strong cloud subscription growth and impressive guidance.

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