Oracle (ORCL) Tops Q2 EPS by 2c
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December 18, 2017 8:18 AM EST
Wedbush lowered its price target on Oracle (NYSE: ORCL) to $55.00 (from $58.00) while maintaining a Outperform rating following the company's 2Q earnings report. Cloud revenue grew 39% Y/Y in constant currency, at the low end of guidance, as PaaS/IaaS revenue decelerated for a second consecutive quarter. More... More
December 15, 2017 4:39 AM EST
Morgan Stanley raised its price target on Oracle (NYSE: ORCL) to $50.00 (from $47.00) while maintaining a Equalweight rating.
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December 15, 2017 4:17 AM EST
Barclays lowered its price target on Oracle (NYSE: ORCL) to $56.00 (from $59.00) while maintaining a Overweight rating.
Analyst Raimo Lenschow expects shares to trade range-bound following a quarter he says is not ideal.
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December 15, 2017 4:12 AM EST
RBC Capital downgraded Oracle (NYSE: ORCL) from Outperform to Sector Perform with a price target of $51.00 (from $53.00).
Analyst Ross MacMillan fails to recognize an argument to favor a multiple expansion noting competitive threats to the technology and database business remain intense.... More
December 14, 2017 5:24 PM EST
Oracle (NYSE: ORCL) sees Q3 EPS in constant currency of $0.68 to $0.70 vs consensus of $0.72 and revenue up 2% to 4%.
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December 14, 2017 4:04 PM EST
Oracle (NYSE: ORCL) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.
The dividend will be payable on January 24, 2018, to stockholders of record on January 10, 2018, with an ex-dividend date of January 9, 2018.
The annual yield on the dividend is 1.5 percent.
The Board of... More
