Citi Lowers Oracle (ORCL) PT to $375 on Valuation Concerns, Maintains Buy Rating Expecting Strong Bookings
Oracle Corporation (NYSE:ORCL) is one of the most profitable tech stocks to buy. On December 4, Citi analyst Tyler Radke lowered the firm’s price target on Oracle to $375 from $415, while keeping a Buy rating on the shares. Citi lowered its price target for Oracle, citing the compression of the stock’s valuation as the reason for the cut. Despite this adjustment, the firm anticipates that Oracle will report strong bookings figures. Earlier in its FQ1 2026 earnings report, Oracle Corp. disclosed generating ...