Analysts Laud Oracle’s Q2 Beat, $10Billion Share Buyback

The company logo for Oracle Corp. is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, on Sept. 18, 2019. Brendan McDermid/Reuters

Analysts celebrated Oracle Corp.’s Q2 beat, dividend, and $10 billion share buyback approval by raising their price targets on the stock.

Piper Sandler analyst Brent Bracelin raised the price target to $100 from $80 (12.7 percent upside) and kept a Neutral.