Analysts Offer Insights on Technology Companies: Oracle (ORCL) and Microsoft (MSFT)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Oracle (ORCL – Research Report) and Microsoft (MSFT – Research Report) with bullish sentiments.
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Oracle (ORCL)
In a report released yesterday, Derrick Wood from TD Cowen reiterated a Buy rating on Oracle, with a price target of $250.00. The company’s shares closed last Thursday at $154.79.
According to TipRanks.com, Wood is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Oracle with a $272.11 average price target, which is a 78.3% upside from current levels. In a report issued on February 25, Oppenheimer also upgraded the stock to Buy with a $185.00 price target.
See the top stocks recommended by analysts >>
Microsoft (MSFT)
Jefferies analyst Brent Thill reiterated a Buy rating on Microsoft yesterday and set a price target of $675.00. The company’s shares closed last Thursday at $410.68.
According to TipRanks.com, Thill is a 3-star analyst with an average return of
Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $594.02, representing a 46.9% upside. In a report issued on February 22, Wells Fargo also maintained a Buy rating on the stock with a $615.00 price target.
