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Understanding Analyst Price Targets for Oracle Stock

A price target is an estimate made by analysts about a stock’s future price, indicating what they believe is the fair value of the security. In the case of Oracle (ORCL) stock, 28 Wall Street analysts have offered their opinions, with the current consensus being a “buy” rating, as per MarketBeat.

The average price target for ORCL over the next 12 months is $118.96, with the highest estimate being $150.00 and the lowest being $85.00. The analysts use several methods, including discounted cash flow analysis, earnings multiples, and peer comparisons, to arrive at a target price for a stock, as explained by Seeking Alpha.

It’s important to note that price targets are not guaranteed and should be approached with caution. They are…

A web hosting service is a type of Internet hosting service that allows individuals and organizations to make their website accessible via the World Wide Web. Web hosts are companies that provide space on a server they own or lease for use by their clients. The web hosting service provides the space on a server, the bandwidth, and the necessary software, such as a web server, an FTP server, and a database server. The web host may also provide an interface or control panel for managing the server and installing scripts, as well as other features to make managing the server easier for their clients.

The global Web Hosting Services Market is expected to grow at significant CAGR of +15% during the forecasting Period (2023 to 2030).

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