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Morgan Stanley Still Sees Uncertainty On Cloud Strategy For Oracle

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In a report published Thursday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on Oracle (NYSE: ORCL).

In the report, Morgan Stanley noted, “While clearly determined to be #1 in SaaS and PaaS, how Oracle expects to avoid the traditional pitfalls of legacy vendors in trying to adapt to a new paradigm remains cloudier. At 12.7X CY15 EPS for 8-10% earnings growth, we're willing to ‘just let this play out a bit'.”

Oracle closed on Wednesday at $40.46.

Latest Ratings for ORCL

DateFirmActionFromTo
May 2019MaintainsEqual-Weight
Mar 2019Initiates Coverage OnNeutral
Mar 2019MaintainsNeutralNeutral

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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