Morgan Stanley Sees Stabilizing Profile In FY16 And Beyond For Oracle - Oracle (NYSE:ORCL)

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In a report published Friday, Morgan Stanley analyst Keith Weiss reiterated an Overweight rating and $50.00 price target on

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Oracle Corporation

(NYSE: ORCL).In the report, Morgan Stanley noted, "Reviewing ORCL's 3Q15 10q highlighted the challenging FX headwinds on margins. SW Support helped offset some Cloud, FX and productivity weakness, with surprising help from HW Sales. Op margins are unlikely to return to all-time highs, but we see a stabilizing profile in FY16 and beyond."Oracle closed on Thursday at $44.16.