BMO Capital Boosts Oracle (ORCL) Price Target, Citing Durable AI Demand and Growth Outlook
Oracle Corporation (NYSE:ORCL) ranks among the hot stocks to invest in right now. While retaining its Outperform rating, BMO Capital boosted its price target for Oracle Corporation (NYSE:ORCL) from 275 on September 9. The firm claimed that Oracle’s “durable AI demand” was an important driver for the increased price target. It also highlighted Oracle’s partnership with OpenAI as a factor in the projected acceleration of growth through fiscal year 2028. Pixabay/Public Domain Ahead of Oracle’s Oct ...