Oracle Surges on Q4 Beat, Analysts Upgrade the Stock
<p><a href='https://financialmodelingprep.com/financial-summary/ORCL'>Oracle (NYSE:ORCL)</a> shares surged more than 5% pre-market today after the company reported its Q4 earnings results, with EPS of $1.67 coming in better than the Street estimate of $1.58. Revenue was $13.8 billion, beating the Street estimate of $13.74 billion.</p>
<p>Following the results, Wolfe Research upgraded the company to Outperform from Peer Perform with a $130 price target based on accelerating revenue and EPS growth due to the OCI adoption and AI tailwinds.</p>
<p>Another Wall Street firm, Goldman Sachs upgraded the stock to Neutral from Sell with a price target of $120.00.</p>

NYSE:ORCL