Oracle Corp (NYSE: ORCL) stock closed at $140.38 on 6/12/24 after a major increase of 13.3%. Moreover, exceptionally high trading volume at 538% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 16.9% during the last week.
Current PriceTarget Research Rating
ORCL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Oracle has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Oracle has a slightly positive Power Rating of 62 and a very high Appreciation Score of 97, leading to the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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