Citizens JMP Reiterates Market Perform Rating on Oracle (ORCL)
Citizens JMP analyst Patrick Walravens reiterated a Market Perform rating and $205.00 price target on Oracle (NYSE: ORCL).
The analyst commented, “We maintain our Market Outperform rating and $205 price target on Oracle Corporation ahead of the company reporting F4Q results after the close Wednesday, after our industry checks came back largely positive (40 positive and 7 negative), and after the stock has gained 7% year to date versus 3% for the S&P 500 and 2% for the Russell 3000.”
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Shares of Oracle closed at $177.48 yesterday.