Market Overview

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

Related ORCL
Will These Tech ETFs Shine Post Intel Earnings? - ETF News And Commentary
Market Wrap For April 15: Who Doesn't Love A Turnaround?
The Entrepreneurial Generation and America's Bleak Future (Fox Business)

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.

Posted-In: Societe GeneraleAnalyst Color Price Target Analyst Ratings

 

Most Popular

Related Articles (ORCL)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free