B · Normal
[Goldman Sachs is optimistic about Oracle: AI financing concerns may be over-amplified and the risks of projects under construction are controllable] "Science and Technology Innovation Board Daily" reported on the 9th that Goldman Sachs recently held investor exchange meetings for Oracle in Los Angeles and San Francisco. Oracle CEO Clay Magourky, Chief Financial Officer Hillary Maxson and Senior Vice President of Investor Relations Bill Choi attended. Goldman Sachs maintained a "buy" rating on Oracle in a research report released after the meeting, with a 12-month target price of $206, implying an upside potential of approximately 77.4%. Goldman Sachs believes that Oracle has demonstrated "extreme operational agility" in data center construction and has good visibility on both supply and demand ends, while market concerns about its capital expenditures and financing gaps may be over-amplified. The company completed $20 billion in debt and equity financing last week and made it clear that no further financing is needed in this round of capital expenditure cycle.
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