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Cantor Fitzgerald Boosts Oracle (ORCL) Target as AI Demand Fuels Cloud Business

Oracle Corporation (NYSE:ORCL) is one of the AI Stocks on Wall Street’s Radar.  On September 10, Cantor Fitzgerald analyst Thomas Blakey raised the price target on the stock to 400.00(from400.00 (from 271.00) while maintaining an Overweight rating. The price target raise follows Oracle’s booming AI-related contracts that are driving massive growth in its cloud business. The company reported 359% year-over-year growth in Remaining Performance Obligations (RPO), an increase of $317 billion. It has also raised its O ...