Oracle Corp (NYSE: ORCL) stock enjoyed a major increase of 11.4% on 9/10/24. The shares closed at $155.89. Moreover, exceptionally high trading volume at 516% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 10.3% 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 consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Oracle has a slightly positive Appreciation Score of 62 and a good Power Rating of 84, and the Highest Value Trend Rating results.
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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