Goldman Sachs sharply raises Oracle's target price but maintains "Neutral" rating: Massive capital expenditures put significant pressure on short-term profits.
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After Oracle released explosive guidance, its stock price once soared by 36%. Goldman Sachs significantly raised Oracle’s target price in its latest report but maintained a “Neutral” rating, believing that the massive capital expenditures will push back the cash flow breakeven point to fiscal year 2029, and that it