Oracle Names Renee James to the Board of Directors
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Drexel Hamilton Remains Bullish on Oracle (ORCL) Following 2Q Earnings Report
December 17, 2015 8:58 AM ESTDrexel Hamilton reiterated a Buy rating and $46.00 price target on Oracle (NYSE: ORCL) following the company's 2Q16 earnings report. Oracle reported non-GAAP sales of $9.0 billion, compared to the Street's $9.06 billion estimates. EPS of $0.63 exceeded consensus of $0.60, due in part to a lower tax... More
FBR Capital Cuts Price Target on Oracle (ORCL) Following In-Line 2Q
December 17, 2015 8:50 AM ESTFBR Capital maintained a Market Perform rating on Oracle (NYSE: ORCL), and cut the price target to $41.00 (from $44.00), following the company's in-line 2Q report. Total revenue of $9.0B came in essentially in line with consensus of $9.06B and FBR's estimate of $9.09B and was down 6% YOY. Pro forma EPS of $0.63 were above the consensus of $0.60 on an apples-to-apples basis, above the companys guidance range of $0.63 $0.66 on a constant... More
