Bank of America Merrill Lynch Reiterates "Buy" Rating on Oracle (ORCL)

Bank of America Merrill Lynch Reiterates “Buy” Rating on Oracle (ORCL)


Analysts at Bank of America Merrill Lynch reiterated their bullish rating on software giant Oracle Corporation (ORCL) on Wednesday.

The analysts maintain a “Buy” rating on ORCL and see shares reaching $38. This target suggests a 21% upside to Tuesday’s closing price of $31.53.

Oracle shares were up 22 cents, or +0.69%, during morning trading on Wednesday. The stock is up +8.01% over the past year.

The Bottom Line
Shares of Oracle (ORCL) have a dividend yield of 0.76% based on Wednesday’s intraday trading price of $31.75 and the company’s annualized dividend payout of 24 cents per share.

Oracle Corporation (ORCL) is not recommended at this time, holding a DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today