Mizuho Reaffirms Oracle (ORCL) Outperform Rating Despite Mixed Fiscal Q2 Results

Oracle Corporation (NYSE:ORCL) ranks among the best AI stocks to buy according to analysts. Mizuho reaffirmed its Outperform rating and $400 price target for Oracle Corporation (NYSE:ORCL) on December 15. The firm called Oracle’s fiscal second-quarter results “mixed,” pointing out that while the Cloud segment’s performance was largely in line with expectations, there was a slight revenue miss that was largely driven by licenses. Pixabay/Public Domain Although this was offset by higher capital expenditur ...