Market Overview

Morgan Stanley Reiterates Overweight Rating, $36 PT on Oracle Corporation

Share:
Related ORCL
Oracle Shares Jump As Cloud Acceleration & Database Cycle Ahead Causes RBC To Upgrade
Oracle: 'Expectations Remain Stubbornly High,' According to Wedbush; Neutral Reiterated
SAP Looks To Procurement Services Market To Boost Revenues, Protect Margins (Seeking Alpha)

In a report published Monday, Morgan Stanley reiterated its Overweight rating and $36.00 price target on Oracle Corporation (NASDAQ: ORCL).

Morgan Stanley noted, “Ramping sales productivity, growing Fusion Apps. momentum and continued strength in Exa-series should become more visible via accelerating license growth in Q2, despite an uneven macro. At 11X CY13 EPS, shares do not reflect ORCL's ability to sustain mid-to-high teens EPS growth long term.”

Oracle Corporation closed on Friday at $31.96.

Latest Ratings for ORCL

DateFirmActionFromTo
Mar 2015RBC CapitalUpgradesSector PerformOutperform
Mar 2015BarclaysMaintainsOverweight
Mar 2015Pacific CrestMaintainsOutperform

View More Analyst Ratings for ORCL
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (ORCL)

Around the Web, We're Loving...