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

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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
Jan 2016BMO CapitalInitiates Coverage onMarket Perform
Jan 2016Evercore ISI GroupUpgradesHoldBuy
Nov 2015Goldman SachsUpgradesBuyConviction Buy

View More Analyst Ratings for ORCL
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

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