Oracle Corp Sees Stock Price Increase
Oracle Corp’s stock price has risen to a new high in recent days. The company’s shares have increased in value following several positive developments.
Recent Upgrades and Announcements
- Piper Sandler has upgraded Oracle’s stock rating to ‘Overweight’ and raised its price target to $270.
- Oracle has announced a new advanced inventory management solution to help customers improve supply chain efficiency.
- The company’s partnership with Bloom Energy to power its U.S. AI data centers has been well-received by investors.
Positive Developments in the Tech Sector
The tech sector has seen strong results in recent times, contributing to Oracle’s stock price increase. The company’s performance is in line with the overall growth of the sector.
Key Details
- Oracle’s stock price has risen to a new high.
- Piper Sandler has upgraded Oracle’s stock rating to ‘Overweight’ and raised its price target to $270.
- Oracle has announced a new advanced inventory management solution and a partnership with Bloom Energy to power its U.S. AI data centers.