Susquehanna Upgrades Oracle (ORCL) to Positive

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Shares of Oracle (NASDAQ: ORCL) are trading about 1 percent higher in pre-market action Wednesday amid an upgrade from Susquehanna's Derrick Wood.

The analyst now rates Oracle shares a Positive, up from Neutral previously. Wood reduced his price target from $35 to $34.

With Oracle shares last trading at $28.05, Susquehanna's new price target represents potential upside of about 21 percent.

For more ratings news on Oracle click here and for the rating history of Oracle click here.

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