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Oracle stock could more than double, Bernstein says

Reported · Written up by our desk · Fund Industry

MarketWatch reports that Bernstein analyst estimates suggest Oracle’s stock could rise more than twofold from current levels.

The outlet says the view hinges on the company potentially nearing the end of its need to raise cash, which would change how investors value the stock.

MarketWatch adds that the scenario described is tied to that cash raising outlook rather than a specific new catalyst detailed in the provided summary.

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