Just caught that Oppenheimer bumped Oracle from Perform to Outperform back in late February - pretty solid signal if you ask me. They're looking at a $286 target, which is nearly 96% upside from where it was trading around $146. That's some serious conviction behind the move.



What's interesting is the fund positioning. Over 4,700 institutions are holding ORCL, and some of the big index funds like Vanguard actually increased their allocation by 40%+ last quarter. JPMorgan trimmed a bit, but overall the institutional money seems pretty bullish on this one. Put/call ratio sitting at 0.88 also leans bullish.

Revenue projections show a slight dip and EPS is down a bit from prior forecasts, but the analyst community is clearly seeing something positive ahead. Worth keeping on the radar if you're looking at enterprise software plays.
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