Analyst sets Oracle stock price target for next 12 months

Analyst sets Oracle stock price target for next 12 months

Late March and early April were a time of significant change for the blue-chip technology giant Oracle (NYSE: ORCL), as it first fired approximately 30,000 employees via a dawn email and then hired a new Chief Financial Officer (CFO). These dramatic changes were, as it turns out, taken as a positive sign on Wall Street, as evidenced by the April 7 rating and price target revision made by UBS.  Specifically, analyst Karl Keirstead welcomed the ar…