Oracle Corporation (NYSE:ORCL) is included among the 10 No-Brainer Dividend Stocks to Buy.
On June 2, Scotiabank raised its price recommendation on Oracle Corporation (NYSE:ORCL) to $290 from $215
It reiterated an Outperform rating on the stock. The firm said it continues to favor Oracle’s structural position in the AI-accelerated cloud market. While the analyst expects the shares to remain “choppy” over the next few weeks, Scotiabank believes the stock’s risk-reward profile still leans to the upside.
Earlier, on May 13, Wedbush raised its price goal on Oracle to $275 from $225. It maintained an Outperform rating. The firm said its confidence increased following additional checks on Oracle’s position within the AI infrastructure landscape.