Oracle Corp (ORCL) Receives a Rating Update from a Top Analyst
Monness analyst Brian White maintained a Hold rating on Oracle Corp (ORCL) today. The company’s shares closed on Friday at $48.29.
According to TipRanks.com, White is a top 100 analyst with an average return of 18.7% and a 65.7% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Salesforce.com, and Alphabet Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oracle Corp with a $54.38 average price target, a 12.6% upside from current levels. In a report issued on January 9, Barclays also downgraded the stock to Hold with a $55 price target.
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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 20.95M.
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