DA Davidson lowers Oracle stock price target to $180 on earnings miss
NegativeFinancial Markets

- DA Davidson has lowered its stock price target for Oracle to $180 following an earnings miss, reflecting concerns over the company's financial performance. This adjustment comes in the wake of Oracle's disappointing earnings forecast and increased spending on data centers, which have raised investor anxiety about its financial health.
- The reduction in Oracle's stock price target is significant as it indicates a lack of confidence in the company's ability to meet market expectations, potentially impacting investor sentiment and stock performance. This move by DA Davidson underscores the challenges Oracle faces in a competitive market.
- This development is part of a broader trend where analysts are reassessing stock price targets across various sectors, reflecting cautious outlooks amid fluctuating market conditions. Similar adjustments have been seen for other companies, indicating a prevailing uncertainty in the market, particularly regarding technology and AI-related stocks, which have also faced declines following Oracle's earnings report.
— via World Pulse Now AI Editorial System






