In a report released yesterday, Brad Zelnick from Credit Suisse maintained a Buy rating on Oracle Corp (ORCL), with a price target of $60. The company’s shares opened today at $52.02, close to its 52-week high of $53.48.
According to TipRanks.com, Zelnick is a 5-star analyst with an average return of 14.9% and a 78.0% success rate. Zelnick covers the Technology sector, focusing on stocks such as Salesforce.com, Symantec Corp, and Check Point.
Currently, the analyst consensus on Oracle Corp is a Moderate Buy with an average price target of $54.54.
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The company has a one-year high of $53.48 and a one-year low of $42.40. Currently, Oracle Corp has an average volume of 19.49M.
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