.September 15, 2024 at 8:00:10 PM

Brent Thill of Jefferies has raised Oracle Corporation’s price target to $190, signaling a potential 17.26% upside from the current stock price of $162.03. Oracle’s strategic shift towards cloud computing and non-relational databases aims to boost its competitiveness in the tech industry. The company’s market cap stands at around $448.98 billion, reflecting strong investor confidence and growth prospects. Oracle’s focus on expanding its product offerings aligns with market trends, positioning it as a key player in the evolving tech landscape. The positive market response underscores Oracle’s potential for future success and innovation.