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Oracle (ORCL) PT Raised to $48 at UBS

March 16, 2017 9:47 AM EDT

UBS raised its price target on Oracle (NYSE: ORCL) to $48.00 (from $45.00) while maintaining a Buy rating following strong results.

Analyst Fatima Boolani commented, "Hardware and services misses in ORCL's F3Q results were handily offset by Cloud and a surprise license upside,... More