Oracle now a buy as DA Davidson says OpenAI risks are easing

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Melius Downgrades Oracle (ORCL) to Hold

February 9, 2026 9:16 AM EST

(Updated - February 9, 2026 9:30 AM EST)

Melius analyst Ben Reitzes downgraded Oracle (NYSE: ORCL) from Buy to Hold with a price target of $160.00.

The analyst comments "Bottom line: MSFTs 365 business faces threats from AI, meaning it needs to increase its capex markedly to... More