Bank of America resets Oracle price target – sees 80% upside
Photo: Finbold
On Tuesday, October 20, Bank of America (NYSE: BAC ) reviewed its outlook for Oracle (NYSE: ORCL ) and seemingly came to the exact same conclusion as in early June – that the stock is set for a major rally. Specifically, BofA analyst Tal Liani published a note rating ORCL shares as a ‘Buy’ and estimating they will soar 80.83% from their press time price of $132.72 to $240 within the next 12 months.
Source: Finbold
