Oracle results disappointing, says RBC Capital

theflyonthewall.com

RBC Capital believes that Oracle's (ORCL) weaker than expected results were primarily caused by company specific issues. The firm reduced its price target on the shares to $37 from $39. It recommends buying the following software names on any weakness today: Red Hat (RHT), VMWare (VMW), Informatica (INFA), Qlik Technologies (QLIK), and Autodesk (ADSK).

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