Oracle jumps after Berenberg raises PT

** Shares of enterprise software maker Oracle ORCL.N up nearly 4% at $302.66 in early trading

** Brokerage Berenberg raises PT to $306 from $202 citing company’s potential for remaining performance obligations (RPO) to exceed half a trillion dollars by year-end

** Says OpenAI’s reported $300 billion infrastructure as a service deal with Oracle contributed to Q1 RPO

** "Potential funding challenges at OpenAI could mean that not all of the booked RPO will translate into future revenue" - brokerage

** Thirty-three of 43 brokerages rate the stock "buy" or higher and 10 "hold"; their median PT is $347

** Including session moves, ORCL stock up about 75% YTD