Deutsche Bank Downgrades Oracle To Hold - Oracle (NYSE:ORCL)

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Analysts at Deutsche Bank downgraded Oracle (NYSE: ORCL) from Buy to Hold. The target price for Oracle has been lowered from $48 to $42. Oracle shares have jumped 22.03% over the past 52 weeks, while the S&P 500 index has surged 17.63% in the same period.Oracle's shares fell 2.91% to $40.34 in pre-market trading.

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