Why Oracle Stock Was Climbing Higher Today
Shares of Oracle (NYSE: ORCL) were moving higher today as the tech giant continued to win acclaim from Wall Street analysts, a week after the company posted a strong fiscal first-quarter earnings report as the company's cloud infrastructure business continues to surge in the artificial intelligence (AI) era.
As of 1:14 p.m. ET, the stock had jumped 6.3% on the news.
Image source: Getty Images.
Source Fool.com
Oracle Corp. Stock
€112.64
1.770%
The stock is one of the favorites of our community with 96 Buy predictions and 1 Sell predictions.
With a target price of 260 € there is potential for a 130.82% increase which would mean more than doubling the current price of 112.64 € for Oracle Corp..
