Oracle surges 32% after RPO goes 'nuclear,' say analysts

3 hours ago 1
Oracle Hospitality office building in West Conshohocken, Pennsylvania, USA

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Shares of Oracle (NYSE:ORCL) surged about 32% premarket on Wednesday after the company reported a massive surge in remaining performance obligations, which also saw positive reactions from analysts.

Jefferies kept its Buy rating on Oracle and raised the price target

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