Oracle's Decline Has Unlocked Room For Double-Digits Upside, Vetr Crowd Says

Shares of Oracle Corporation ORCL have lost roughly 2.7 percent since last Thursday. The Vetr crowd seems to believe this has unlocked some room for upside, as evidenced by its average price target of $44.65. This target implies a potential return of almost 13.9 percent from current valuations.

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Seeking to better reflect the upside potential, the Vetr community decided to upgrade its rating on shares of Oracle on Monday, from 4.0 stars (Buy) to 4.5 stars (Strong Buy), out of a possible five-star rating.

It should be noted that, in accordance with the new rating, 84 percent of the crowd’s ratings are bullish at the time.