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Oracle (ORCL) PT Raised to $62 at BofA/Merrill Lynch; Reiterates Buy

June 22, 2017 9:53 AM EDT

BofA/Merrill Lynch raised its price target on Oracle (NYSE: ORCL) to $62.00 (from $54.00) while maintaining a Buy rating. Despite the strength AH, BofA/Merrill Lynch continues to rate ORCL Buy and raised the price target by applying MSFTs peak forward... More