Tech drags Wall Street lower; China tension weighs

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Drexel Hamilton Reiterates Buy on Oracle (ORCL) Following 2Q Report

December 16, 2016 9:27 AM EST

Drexel Hamilton reiterated a Buy rating and $47.00 price target on Oracle (NYSE: ORCL) following the company's 2Q earnings report. Oracle reported sales of $9.07 billion, which missed the Street's $9.11 billion estimate. Pro forma EPS of $0.61 met the consensus estimate at $0.60.

Analyst Brian White... More

Wedbush Raises Price Target on Oracle (ORCL) Following 2Q Report

December 16, 2016 8:56 AM EST

Wedbush reiterated a Neutral rating on Oracle (NYSE: ORCL), and raised the price target to $42.00 (from $41.00), following the company's 2Q earnings report. revenues were roughly in line with consensus and EPS were at the top of the range. However, cloud bookings grew only 30% Y/Y (down from 39% last quarter),... More