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Deutsche Bank Boosts Oracle Shares, Highlights Growth Potential

Deutsche Bank's 3% DCF growth rate signals GDP alignment; Analyst warns Oracle's rating, target price risks. AI-assisted, editor-reviewed. Learn more in T&C.

by Lilu Anderson
Mon, Jun 17, 2024 2:58pm
in Artificial Intelligence
• 2 mins read
14.8k
Deutsche Bank Boosts Oracle Shares, Highlights Growth Potential | FinOracle

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Deutsche Bank Elevates Oracle Shares Target, Cites Robust Financial Model

In a significant move on Monday, Deutsche Bank has maintained its Buy rating on Oracle Corporation (NYSE: ORCL) and increased the shares target to $165 from the previous $150. This revision is reflective of the updated financial model which now integrates Oracle's fourth-quarter results and forward guidance.

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