Oracle Announces MySQL HeatWave on AWS

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Cowen Reiterates Outperform Rating on Oracle (ORCL) Following 'Strong' Q1

September 13, 2022 6:46 AM EDT

Cowen analyst Derrick Wood reiterated an Outperform rating and $98.00 price target on Oracle (NYSE: ORCL) following strong Q1 results.

The analyst commented, "1Q revs grew 23% cc above Street of 21% w/ organic growth of 8% beating our 6% est, driven by accelerating... More