Oracle Stock Upgrade On AI Surge, OpenAI Deal Seen Fueling Growth
1. Piper Sandler upgraded Oracle to Overweight, raising price target to $270. 2. Analyst reports rising enterprise demand for AI infrastructure will boost Oracle's growth. 3. CIO survey shows net spending intentions on Oracle OCI increased to 27%. 4. Earnings estimates for Oracle raised for fiscal years 2026 and 2027. 5. Oracle shares gained 0.22%, trading at $235.83 during the publication.