Morgan Stanley Remains on the Sidelines for Oracle Corporation

In a report published Monday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating and $45.00 price target on

. In the report, Morgan Stanley noted, “Analyst day highlighted the durability of cash flows Oracle drives from its customer base. At an 11% FCF yield and a 20% P/E discount to MSFT, these cash flows look undervalued, casting ORCL in a tactically attractive light. However, the prospect of peak margins keeps us EWon a longer-term view.” Oracle Corporation closed on Friday at $38.10.