Bank of America Selects Oracle Cloud for ERP and Financials

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Jefferies Reiterates Buy on Oracle (ORCL) Following BofA Win

June 27, 2017 7:25 AM EDT

Jefferies reiterated a Buy rating and $60.00 price target on Oracle (NYSE: ORCL) following the company's announcement that Bank of America selected ORCLs cloud-based ERP and financial applications for both its international general ledger and its broker-dealer systems.

Bank of America's selection of ORCL's... More