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Fly News Breaks for June 20, 2018
ORCL
Jun 20, 2018 | 08:59 EDT
As previously reported, Rosenblatt analyst Marshall Senk downgraded Oracle to Neutral from Buy, stating that the company delivered "its typical seasonally strong fourth quarter," but that the report also raised concern about a rebound in the company's cloud businesses. Senk lowered his price target on Oracle shares to $51 from $58.