UBS lowered the firm’s price target on Oracle (ORCL) to $325 from $380 and keeps a Buy rating on the shares. Oracle’s Q2 results showed 13% revenue growth and 66% cloud infrastructure growth, slightly missing estimates, as did messaging on leverage and financing, though the $523B deal backlog and its 2H/FY27 conversion potential support a Buy rating, the analyst tells investors in a research note.
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