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Fly News Breaks for September 16, 2015
ORCL
Sep 16, 2015 | 07:18 EDT
As noted earlier, SunTrust upgraded Oracle to Buy from Neutral. As one reason for the upgrade, the firm cited its belief that the company will benefit from accelerated investments by businesses in the cloud. The firm also cited what it sees as the stock's attractive valuation, the company's "solid" overall business, and its belief that the company's underlying business metrics may become more visible as reasons for the upgrade. Target $48.
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