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Fly News Breaks for June 22, 2017
ORCL
Jun 22, 2017 | 07:59 EDT
As noted earlier, Wedbush upgraded Oracle to Outperform from Neutral. Analyst Steve Koenig says that the company's guidance for "roughly" double digit percentage fiscal 2018 EPS growth "looks achievable," while checks indicate that its PaaS and IaaS sales pipeline is strong. The analyst thinks that the stock can show "sustain (positive) follow through" beyond today. Target to $56 from $44.
News For ORCL From the Last 2 Days
