Diamonds and Dogs
The cloud continues to grow. Oracle (ORCL) is up 16% to new highs as their cloud computing-based software services picked up momentum. Oracle received at least two upgrades with $120 and $126 price targets.
No love for Southwest (LUV). The airline is down 4% on a downgrade. The Jeffries analyst lowered his 2022 and 2023 earnings expectations for the company due to low operational leverage that will result from expansion of domestic fleet, limited pricing power and higher oil prices.
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