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Fly News Breaks for June 22, 2017
ORCL
Jun 22, 2017 | 09:22 EDT
Benchmark analyst Yun Kim said Oracle's "strong" Q4 results and business momentum reflect the successful execution of its cloud strategy. The analyst, who sees Oracle as one of the best ways to play the cloud computing trend, raised his price target on the stock to $62 from $55 and keeps a Buy rating on the name.
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