5 big analyst picks: Clouds clearing for Verizon and AT&T, says Citi
Shares surged more than 5% yesterday following media reports that the industrial conglomerate has agreed to pay over $5.5B to resolve hundreds of thousands of lawsuits alleging that its earplugs sold to the U.S. military were defective.
According to the bank, Oracle's shares have surged by 42% year-to-date, and they acknowledge that many investors already see Oracle as a winner in AI. However, UBS believes there's still significant room for Oracle's AI story to unfold. It pointed out several factors supporting this perspective.
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