Why Oracle Stock Jumped More Than 5% to a Record High on Monday

Key TakeawaysOracle stock was one of the top performers in the S&P 500 on Monday, jumping to an all-time high.The gains came as Jefferies analysts lifted their price target on shares of the software giant and Melius upgraded Oracle stock to "buy."Analysts believe Oracle's strength in cloud infrastructure and partnerships with major cloud players will drive revenue growth. Oracle (ORCL) shares jumped to a record high on Monday, after a pair of investment firms commended the software giant's advancements and ...