By Vardah Gill
Publication Date: 2026-06-14 04:39:00
Oracle Corporation (NYSE:ORCL) is one of the The 10 Best S&P 500 Dividend Stocks to Buy Now.
Photo by Vyacheslav Bublyk To Unsplash
On June 11, Scotiabank lowered its price recommendation for Oracle Corporation (NYSE:ORCL) from $290 to $241. It reiterated an “Outperform” rating on the stock. The company said it continues to like Oracle’s “rock-solid core software business” and that the stock’s risk-reward profile remains positive.
Also on June 11, RBC Capital maintained a “Sector Perform” rating on Oracle with a $190 price target after the company reported mixed fourth-quarter results. The company reported total revenue above estimates, while cloud revenue fell short of consensus expectations. Oracle Cloud Infrastructure (OCI) revenue rose 93% year-over-year, in line with consensus forecasts. Management also noted that the bring…
