Oracle price target raised to $202 from $180 at Berenberg

Berenberg analyst Nay Soe Naing raised the firm’s price target on Oracle (ORCL) to $202 from $180 and keeps a Hold rating on the shares. Unlike earlier artificial intelligence tools that simply enhanced user productivity, AI agents are capable of executing business tasks with full autonomy and agency, the analyst tells investors in a research note. The firm says this technological advance “unlocks fundamental new value in AI adoption for enterprises.”