Oracle's stock skyrocketed. Jefferies analysts say there could be even more room to run.

Oracle office in Santa Monica, CaliforniaRichard Vogel/AP Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's AI-fueled cloud expansion as a catalyst for more upside. Oracle posted blockbuster gains on Wednesday, and the rally may not be over, according to equity analysts at Jefferies. The surge in Oracle's stock price came after the software giant shocked ...