Bank of America Reiterated Buy Rating on Oracle
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Tech gains and Trump's signal of an Iran nuclear deal within days pushed the S&P 500 up 47 points, with the Dow and Nasdaq each climbing roughly 0.65%.
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OpenAI's confidential IPO filing at an $852 billion valuation makes ETFs like FPX and IPO timely ways to capture the debut without single-stock risk.
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JPMorgan reiterated NVDA overweight citing the SK Hynix partnership, while Morgan Stanley backed AAPL with a $360 price target after strong WWDC AI progress.
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Bank of America just reiterated a buy on Oracle (NYSE: ORCL) ahead of Wednesday’s earnings. “We reiterate our Buy rating and raise our PO to $240 from $200, based on 26.5x our CY27E P/E estimates vs 22x prior, as underlying demand trends remain robust across both cloud infrastructure and database workloads.”
Ian Cooper is a veteran market analyst and investment strategist with more than 20 years of experience covering stocks, commodities, and macro trends. Since 1999, he has helped investors identify market opportunities using a blend of technical analysis, fundamental research, and market sentiment.
He is the creator of the ADD News Flow Strategy, which focuses on trading market reactions to major news events and investor psychology. Cooper was also among the analysts who warned about the 2008 financial crisis and major financial institution collapses ahead of the broader market.
Before joining 247 Wall St., Cooper wrote extensively for InvestorPlace and other financial publications, covering market trends, trading strategies, and investment opportunities.
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