Oracle (ORCL) Stock: Analyst Reiterates $342 PT Amid AI Cloud and TikTok Deal Buzz
Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in the Spotlight This Week. On September 24, Citizens JMP analyst Patrick Walravens reiterated a Market Outperform rating and $342.00 price target on the stock following several key updates. The firm highlighted several management changes that were announced, management reaffirming earlier guidance, news article reports that Oracle is in talks with Meta for an AI cloud computing deal, and separate sources reporting how a new Oracle-led investor group ...