Jefferies Initiates Oracle At Hold

Analysts at Jefferies initiated coverage on Oracle ORCL with a Hold rating. The target price for Oracle is set to $41. Oracle shares have gained 17.48% over the past 52 weeks, while the S&P 500 index has surged 13.74% in the same period. Oracle shares rose 0.04% to $40.94 in after-hours trading.