Shares of software giant Oracle Corporation (ORCL) traded over 9% higher in Thursday’s premarket session, as Wall Street analysts raised their price targets following a better-than-expected fourth-quarter (Q4) earnings and guidance.

Oracle Corp.’s stock is on pace for its best performance in three-and-a-half years — and analysts like what lies ahead. While Oracle beat expectations with its latest earnings results, analysts seem especially impressed by the company’s guidance and its commentary on the new fiscal year.