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Oracle Corporation (NYSE:ORCL) shares are trading higher following better-than-expected first-quarter financial results. Oracle reported first-quarter earnings of $1.39 per share, which beat the consensus of $1.32 and revenue of $13.307 billion, exceeding the consensus estimate of $13.231 billion. Several analysts raised their price targets on the stock. Maintaining a Neutral rating, B of A Securities boosted the price target to $175 from $155. Also, Morgan Stanley raised the price target to $145 from $125 and reiterated an Equal-Weight rating. Also, JPM Securities upgraded the company to Market Outperform from Market Perform. Also Read: Oracle Analysts Focus On AI-Driven Bookings Strength, Expect Revenue Acceleration To Continue Today, the company announced several ...


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