By TipRanks
Publication Date: 2026-04-07 14:56:00
Barclays analyst Raimo Lenschow says Oracle (ORCL) The appointment of Hilary Maxson as CFO is a “small positive point”. The hire is “prudent” because Maxson’s industrial industry experience complements Oracle’s growing cloud business, which is more capital-intensive and complex, the analyst told investors in a research note. Barclays sees the news as “a small positive for the long-term story,” noting that Oracle’s business needs are changing given the spending required of its accelerating AI infrastructure business. The company maintains Oracle’s rating at $240 Price target The stock fell 2% to $144.13 in morning trading.
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