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Fly News Breaks for June 17, 2016
ORCL
Jun 17, 2016 | 05:54 EDT
Jefferies analyst John DiFucci says Oracle's Q4 results were "likely better than some feared." The company is at an inflection point in its transition from a pure license and maintenance model to a hybrid model of Cloud and traditional software, DiFucci tells investors in a post-earnings research note. He maintains a Buy rating on Oracle with a $50 price target.
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