Oracle (ORCL): Notes From Investor Day - Cowen

September 23, 2016 6:35 AM EDT
Get Alerts ORCL Hot Sheet
Price: $39.87 +1.68%

Rating Summary:
    33 Buy, 19 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Cowen analyst, Derick Wood, reiterated his Outperform rating on shares of Oracle (NYSE: ORCL) after the company's analyst day. He stated ORCL has built much stronger traction in Cloud than investors give them credit for and additional insight into operational changes, with CFO comments, give him confidence that ORCL can see an inflection point in EPS growth in FY18.

No change to the price target of $46.

For an analyst ratings summary and ratings history on Oracle click here. For more ratings news on Oracle click here.

Shares of Oracle closed at $39.51 yesterday.

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