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Oracle Corporation Message Board

  • nusaiba nusaiba Jun 6, 2013 11:28 AM Flag

    Hot News!Canaccord Genuity upgraded Oracle (NASDAQ: ORCL) from Hold to Buy with a price target of $42.00 (from $35.00).

    Canaccord Genuity upgraded Oracle (NASDAQ: ORCL) from Hold to Buy with a price target of $42.00 (from $35.00).

    Analyst Richard Davis said the firm is set up well to gain 20% this year. He expects Oracle deliver 9 to 11 percent EPS growth this year and thinks its multiple relative to peers IBM (NYSE: IBM) and SAP AG (NYSE: SAP) can expand given its current 10 to 25 percent discount valuation.

 
ORCL
37.46+0.64(+1.74%)Aug 28 4:02 PMEDT