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September 01, 2020 10:18am
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Oracle stock shoots up to a record after Barclays says buy, citing ‘good’ cloud products and IT spending recovery

Shares of Oracle Corp. took off toward a record Friday, after Barclays analyst Raimo Lenschow recommended buying, about a week ahead of the business software company's earnings report, as he sees "undemanding" valuation despite signs of accelerating growth.
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