Information Provided By:
Fly News Breaks for June 1, 2015
ORCL
Jun 1, 2015 | 08:26 EDT
Morgan Stanley believes Overweight rated Oracle's 12c database cycle could be a $10B opportunity, which can drive 8-10% upside to the firm's FY16 license revenue estimates. The firm sees 12c driving improved monetization for Oracle's large customer base, driving organic revenue growth and shares toward the firm's $50 price target