By Vardah Gill
Publication Date: 2026-06-09 02:54:00
Oracle Corporation (NYSE:ORCL) is one of the Billionaire Ken Fisher’s 11 Best Dividend Stocks.
On June 4, Citi increased its price recommendation for Oracle Corporation (NYSE:ORCL) from $320 to $330. It reiterated its buy recommendation for the stock. The company expects Oracle’s cloud business to remain a key performance driver in the fiscal fourth quarter. Citi expects results to be broadly in line with expectations, but sees infrastructure-as-a-service growth continuing to accelerate. The higher price target reflects the stock’s recent price expansion.
A few days later, on June 8, Evercore ISI analyst Kirk Materne increased his price target on Oracle from $220 to $245. He maintained an “Outperform” rating on the shares. Previewing the company’s upcoming fiscal fourth quarter results, Materne said the report is expected to highlight Oracle’s strategic positioning and long-term growth…
