BMO Capital lowered the firm’s price target on Oracle (ORCL) to $205 from $270 and keeps an Outperform rating on the shares. The firm is updating its model on the stock following the recent capital raise of debt, preferred equity, and common equity, the analyst tells investors in a research note. BMO adds however that Oracle’s obtaining financing, and likely not needing any more during 2026, is a positive step for the shares as it removes an overhang, the analyst tells investors in a research note.
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