Piper Sandler: Oracle Cloud Business Expected to Exceed Expectations in Fiscal Year 2027
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```htmlGolden Ten Data July 8丨Investment bank Piper Sandler released a report stating that Oracle Cloud Infrastructure (OCI) business revenues for fiscal year 2027 are likely to exceed current market expectations, mainly due to capital expenditure accelerating and translating into actual revenue. Analysts believe that the company’s large-scale capital expenditure (CapEx) is gradually converting into actual capacity and revenue, and this conversion efficiency may be underestimated by investors. Piper Sandler maintains an "Overweight" rating on Oracle, with a target price set at $225.```
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