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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 245to245 to 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 ...