Stock Track | Oracle Soars 6.47% Intraday Following DA Davidson Upgrade to Buy

Stock Track

Feb 09

Oracle Corporation's stock surged 6.47% during intraday trading on Monday, marking a significant upward move for the software giant.

The sharp rise appears to be primarily driven by positive analyst action, as investment firm DA Davidson upgraded Oracle's rating from Neutral to Buy and set a price target of $180. The firm cited optimism about Oracle's strategic positioning within the artificial intelligence infrastructure market as a key reason for the upgrade.

DA Davidson's analyst noted that a revamped OpenAI is back on track after correcting several strategic missteps, and this shift is expected to benefit key ecosystem players like Oracle. The upgrade represents a vote of confidence in the company's AI-related business prospects following a period of significant pressure on software stocks.

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The firm cited optimism about Oracle's strategic positioning within the artificial intelligence infrastructure market as a key reason for the upgrade.</p><p>DA Davidson's analyst noted that a revamped OpenAI is back on track after correcting several strategic missteps, and this shift is expected to benefit key ecosystem players like Oracle. The upgrade represents a vote of confidence in the company's AI-related business prospects following a period of significant pressure on software stocks.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ORCL","symbol_name":"甲骨文","start_time":0,"source_url":"","article_id":"1144512631","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144512631","pubTimestamp":1770647946,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Oracle Corporation's stock surged 6.47% during intraday trading on Monday, marking a significant upward move for the software giant.The sharp rise appears to be primarily driven by positive analyst...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ORCL":"甲骨文"},"translate_title":"个股追踪|DA Davidson上调买入评级后甲骨文盘中大涨6.47%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ORCL":1},"content_text":"Oracle Corporation's stock surged 6.47% during intraday trading on Monday, marking a significant upward move for the software giant.The sharp rise appears to be primarily driven by positive analyst action, as investment firm DA Davidson upgraded Oracle's rating from Neutral to Buy and set a price target of $180. 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