Barclays Raises Oracle (ORCL) Price Target to $367 Ahead of Analyst Day

Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in Focus on Wall Street. On October 13, Barclays reiterated the stock as “Overweight” and raised its price target on the stock to $367 per share from $347. The firm is optimistic about the stock as we head into Financial Analyst Day, taking place on October 16^th.

“Bullish Sentiment around Shares Heading into Financial Analyst Day (FAD) on 10/16.”

Investment bank Mizuho also reiterated the stock as “Outperform” on October 6^th with a price target of $350. Similar to Barclays, it believes shares of Oracle have more room to run ahead of its financial analyst day on October 16th.

“We remain bullish on ORCL heading into the Financial Analyst Day, viewing it as a key catalyst to refocus attention on Oracle’s long-term AI growth story.”

Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider.

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