Oracle sees price target raised at Jefferies amid 'mega deals' accelerating growth

4 hours ago 1
Oracle Corporation

Mesut Dogan/iStock Editorial via Getty Images

Jefferies raised the price target on Oracle's (NYSE:ORCL) stock to $270 from $220 while maintaining its Buy rating on the shares, citing "mega deals" accelerating growth.

Shares of the U.S. tech giant rose about 2% premarket on Tuesday.

Analysts led

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