Oracle (ORCL) Stock Gets $275 Target as Evercore Highlights Long-Term OCI Growth
Oracle Corporation (NYSE:ORCL) is one of the Buzzing AI Stocks on Wall Street. On December 15, Evercore ISI reiterated an “Outperform” rating on the stock with a 76B cloud revenue potential and lease math supporting OCI ramp. Citing Oracle’s earnings call, Evercore ISI noted that the company doesn’t need to start paying for the leases until the data center is delivered to the company. This will ...