Oracle price target raised to $275 from $225 at Wedbush

Wedbush raised the firm’s price target on Oracle (ORCL) to $275 from $225 and keeps an Outperform rating on the shares as the firm gains incremental confidence based on its checks in the company’s strategic positioning within the AI infrastructure landscape. Wedbush’s view that the Oracle story is being misunderstood by the market remains intact, with investors placing too much emphasis on the near-term optics of its heavy, contract-backed capex cycle and too little emphasis on the underlying demand visibility supporting that investment. The firm is becoming incrementally comfortable with the OpenAI relationship and more constructive on the broader data center story as the fears surrounding Oracle remain overdone, and the company is increasingly positioned to be an AI winner on the global stage.