Oracle ERP Cloud Recognized as a Leader in the Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises

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Oracle (ORCL) PT Raised to $65 at Cowen Following 4Q Report

June 20, 2019 8:35 AM EDT

Cowen analyst Derrick Wood raised the price target on Oracle (NYSE: ORCL) to $65.00 (from $56.00) while maintaining a Outperform rating following the company's 4Q report. ORCL reported revs of +4% handily beating the Street's +2%, and EPS $0.09 ahead. The main driver of upside was license revenue,... More