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

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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
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: Keith Weiss Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

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