Analyst Lowers Oracle (ORCL) Price Target Over Valuation

Oracle Corp. (NYSE:ORCL) is among the 11 best robotics stocks to buy right now. On March 6, analysts at TD Cowen lowered the price target on Oracle Corp. (NYSE:ORCL) to $250 from $350 while maintaining the stock’s Buy rating. The lower price target on Oracle Corp. (NYSE:ORCL) reflects the analysts’ new projections of a 27x multiple from the projected earnings per share of $7.26 for calendar year 2027. The firm also expects revenue growth to inflect from approximately 12% in constant currency in the first ...

Analyst Lowers Oracle (ORCL) Price Target Over Valuation - Reportify