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Oracle's Decline Has Unlocked Room For Double-Digits Upside, Vetr Crowd Says

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Shares of Oracle Corporation (NYSE: ORCL) have lost roughly 2.7 percent since last Thursday. The Vetr crowd seems to believe this has unlocked some room for upside, as evidenced by its average price target of $44.65. This target implies a potential return of almost 13.9 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the upside potential, the Vetr community decided to upgrade its rating on shares of Oracle on Monday, from 4.0 stars (Buy) to 4.5 stars (Strong Buy), out of a possible five-star rating.

It should be noted that, in accordance with the new rating, 84 percent of the crowd’s ratings are bullish at the time.

Latest Ratings for ORCL

DateFirmActionFromTo
Mar 2019WedbushMaintainsNeutralNeutral
Mar 2019Raymond JamesMaintainsOutperformOutperform
Mar 2019BMO CapitalDowngradesOutperformMarket Perform

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View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings Tech General

 

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