Market Overview

Morgan Stanley Sees Oracle as Near High-End of Multiple Range

Share:
Related ORCL
3 Reasons Workday's Business May Be Re-Accelerating
Looking To Workday's Q2 Earnings Release, Baird Thinks Competition Concerns Are Overblown
How Cloud Is Changing the World's Technology Companies (GuruFocus)

In a report published Wednesday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on Oracle (NYSE: ORCL).

In the report, Morgan Stanley noted, “Posting just 1% YoY software billings growth against the easiest comp of the year brings into question the achievability of Q4 targets near-term, and competitive positioning longer-term. However, the larger threat to our equation for sustainable 10% EPS growth at ORCL likely remains the ability to consistently expand margins. With the stock near the high-end of its multiple range, we remain EW.”

Oracle closed on Tuesday at $38.84.

Latest Ratings for ORCL

DateFirmActionFromTo
Jul 2016Atlantic EquitiesDowngradesOverweightNeutral
Jul 2016BTIG ResearchMaintainsBuy
Jul 2016BMO CapitalUpgradesMarket PerformOutperform

View More Analyst Ratings for ORCL
View the Latest Analyst Ratings

Posted-In: Keith Weiss Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (ORCL)

View Comments and Join the Discussion!