Oracle Corporation (ORCL) Named Top Pick as Oppenheimer Lifts Price Target
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Oppenheimer has lifted its price target for Oracle Corporation, with reports suggesting targets of $235 and $275, citing demand for artificial intelligence as a driving factor. The move has led to an increase in Oracle's stock price. Meanwhile, the company is also facing a lawsuit from bondholders related to debt tied to its AI expansion, and has announced plans to integrate Nvidia GPUs into its cloud infrastructure.
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