Oracle reinstated with a Buy at BofA

BofA analyst Tal Liani reinstated coverage of Oracle (ORCL) with a Buy rating and $200 price target offering 30% upside potential. Oracle has “large revenue potential” from accelerating AI infrastructure demand, the analyst tells investors in a research note. The firm believes the company has visibility for a “meaningful” growth opportunity, but adds Oracle needs to prove it can deliver capacity, convert long-dated contracts into revenues, and manage a capital-intensive buildout.