US Stock Market Move | Oracle Corporation (ORCL.US) opened higher by more than 5%, recovering nearly 40% from its September historical high point.

On Wednesday, Oracle Corporation (ORCL.US) opened more than 5% higher, after falling nearly 40% from its all-time high in September, and is now trading at $207.69. On the news front, Deutsche Bank analyst Brad Zelnick maintained a Buy rating on Oracle Corporation and raised the target price from $335 to $375. This is based on the company's recent performance and growth expectations, especially in the growth potential of cloud infrastructure/AI-related services. In addition, several other large investment banks are also optimistic about Oracle Corporation, with target prices ranging from $330 to $430.