UPDATE: ThinkEquity Upgrades Oracle (ORCL) to Buy; Calls Street Sentiment Too Bearish
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Price: $34.23 --0%
Rating Summary:
18 Buy, 10 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 11
Rating Summary:
18 Buy, 10 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 11
Trade ORCL Now!
(Updated - June 15, 2012 8:49 AM EDT)
ThinkEquity's Yun Kim upgraded shares of Oracle (NASDAQ: ORCL) from Hold to Buy Friday morning. The analyst's price target was raised from $28 to $33.
Kim cited recent checks showing steady business amid "poor investor sentiment." He recommends investors pull the trigger on Oracle shares ahead of the company's fourth-quarter report as results will likely be "at least in-line." Kim believes the company's first-quarter outlook will be "good enough to satisfy most investors."
With Oracle shares up 0.3 percent to $27.09 in pre-market action, Kim's new price target implies potential upside of about 22 percent.
For an analyst ratings summary and ratings history on Oracle click here. For more ratings news on Oracle click here.
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ThinkEquity's Yun Kim upgraded shares of Oracle (NASDAQ: ORCL) from Hold to Buy Friday morning. The analyst's price target was raised from $28 to $33.
Kim cited recent checks showing steady business amid "poor investor sentiment." He recommends investors pull the trigger on Oracle shares ahead of the company's fourth-quarter report as results will likely be "at least in-line." Kim believes the company's first-quarter outlook will be "good enough to satisfy most investors."
With Oracle shares up 0.3 percent to $27.09 in pre-market action, Kim's new price target implies potential upside of about 22 percent.
For an analyst ratings summary and ratings history on Oracle click here. For more ratings news on Oracle click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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