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Oracle (ORCL) implied volatility elevated into Q1 and outlook

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Jefferies Reiterates Buy on Oracle (ORCL) Following 1Q Report

September 16, 2016 7:28 AM EDT

Jefferies reiterated a Buy rating and $51.00 price target on Oracle (NYSE: ORCL) following the company's 1Q earnings report. ORCL reported Non-GAAP EPS of $0.55 on total revenue of $8.595B, compared to the consensus estimates of $0.58 and $8.703B.

Analyst John DiFucci... More