Major Wall Street bank drops jaw-dropping Oracle stock price target
Oracle (ORCL) has been looking to break into the AI big leagues for years, and Wells Fargo’s latest note just gave it an endorsement that effectively flips the narrative. The ‘Big 4’ bank slapped an Overweight rating along with a $280 price target on the stock, pointing to a massive 35% upside from its current price. The big reason behind the upgrade, analyst Michael Turrin argues, is that Oracle sits on nearly $500 billion in AI infrastructure deals from OpenAI, xAI, Meta, and TikTok. 💵💰Don't miss the m ...