Market Overview

UPDATE: Societe Generale Reiterates Hold Rating, Raises PT on Oracle Corporation

Related ORCL
Everyone's Talking About Oracle
Oracle Lower After Q1 Sales Miss
SecretCaps Announces Synergistic Partnership With Sujan Lahiri (Marketfy Insights)

In a report published Friday, Societe Generale reiterated its Hold rating on Oracle Corporation (NASDAQ: ORCL), and raised its price target from $35.00 to $36.50.

Societe Generale noted, “Following Oracle's Q2 FY13 (to end-November) results published on 18 December and the recent acquisition of Eloqua, we upgrade our FY13 EPS estimates by 5%. Our new forecasts lead us to increase our TP from $35 to $36.5 but we maintain our Hold rating (projected TSR 7.2%).”

Oracle Corporation closed on Thursday at $34.30.

Latest Ratings for ORCL

Sep 2015WunderlichMaintainsHold
Sep 2015Morgan StanleyMaintainsOverweight
Sep 2015NomuraMaintainsBuy

View More Analyst Ratings for ORCL
View the Latest Analyst Ratings

Posted-In: Societe GeneraleAnalyst Color Price Target Analyst Ratings


Related Articles (ORCL)

View Comments and Join the Discussion!

Get Benzinga's Newsletters