Oracle Corporation (ORCL) Earnings Preview - Drexel Hamilton

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Nomura Securities Remains bullish on Oracle (ORCL) Following Slight EPS Beat

March 16, 2016 9:39 AM EDT

Nomura Securities reiterated a Buy rating and $44.00 price target on Oracle (NYSE: ORCL) following the company's 3Q earnings report. Oracle reported F3Q16 non-GAAP operating margins of 42.4%, in line with Street expectations. Non-GAAP EPS of $0.64 was slightly above the Street estimate of $0.62, and would have... More