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Analysts’ Top Technology Picks: Oracle (ORCL), Dada Nexus (DADA)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Oracle (ORCLResearch Report) and Dada Nexus (DADAResearch Report) with bullish sentiments.

Oracle (ORCL)

Jefferies analyst Brent Thill maintained a Buy rating on Oracle today and set a price target of $125.00. The company’s shares closed last Friday at $105.89, close to its 52-week high of $106.77.

According to TipRanks.com, Thill has 0 stars on 0-5 stars ranking scale with an average return of -2.8% and a 41.2% success rate. Thill covers the Technology sector, focusing on stocks such as Palantir Technologies, Procore Technologies, and Alphabet Class A.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oracle with a $101.98 average price target.

See the top stocks recommended by analysts >>

Dada Nexus (DADA)

Jefferies analyst Thomas Chong maintained a Buy rating on Dada Nexus on June 2 and set a price target of $13.10. The company’s shares closed last Friday at $5.36.

According to TipRanks.com, Chong is a 1-star analyst with an average return of -0.9% and a 31.7% success rate. Chong covers the Technology sector, focusing on stocks such as Trip.com Group Ltd. Sponsored ADR, Tencent Music Entertainment Group, and DouYu International Holdings.

Currently, the analyst consensus on Dada Nexus is a Strong Buy with an average price target of $12.37.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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