Morgan Stanley and RBC Capital Lower Oracle (ORCL) Price Targets

Oracle Corporation (NYSE:ORCL) is one of the 10 Best AI Software Stocks to Buy Right Now. On January 23, Morgan Stanley reduced its price target on Oracle Corporation (NYSE:ORCL) from $320 to $213 and kept its Equalweight rating. Morgan Stanley pointed to worries about the company’s GPU-as-a-Service (GPUaaS) business. The firm believes that this represents a significant opportunity for Oracle Corporation (NYSE:ORCL). However, the buildout could push the company’s earnings per share below its targets. The ...