DA Davidson Slashes Oracle (ORCL) PT to $200 After Revealing Single Customer, OpenAI, Drove RPO Increase
Oracle Corporation (NYSE:ORCL) is one of the most promising stocks with huge upside potential. On November 25, DA Davidson lowered the firm’s price target on Oracle to 300 with a Neutral rating on the shares. The firm noted that when Oracle reported earnings for FQ1 2026, the company initially suggested that the increase in Remaining Performance Obligations/RPO was driven by several customers. However, the following day, it was revealed that nearly the entire RPO increase was attributable to a s ...