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Morgan Stanley lifts Oracle target ahead of same-day earnings

Oracle and Adobe are set to release earnings on the same day. Morgan Stanley raised its Oracle price target to $210 from $207 and maintained an Equal-weight rating, saying Oracle is better positioned.

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Oracle Corp. and Adobe are scheduled to report earnings on the same day, with Morgan Stanley saying Oracle is better positioned. The bank raised its price target on Oracle to $210 from $207, indicating about 32% upside, while keeping an Equal-weight rating. Analyst Sanjit Singh an…