Oracle Buys Aconex
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Oracle (ORCL) PT Lowered to $55 at Wedbush Following 2Q
December 18, 2017 8:18 AM ESTWedbush lowered its price target on Oracle (NYSE: ORCL) to $55.00 (from $58.00) while maintaining a Outperform rating following the company's 2Q earnings report. Cloud revenue grew 39% Y/Y in constant currency, at the low end of guidance, as PaaS/IaaS revenue decelerated for a second consecutive quarter. More... More
