Oracle Corp (ORCL) Misses Q4 EPS by 3c
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June 20, 2014 9:17 AM EDT
Goldman Sachs maintained a Buy rating on Oracle (NYSE: ORCL) with a price target of $48.00. Comments follow Q4 results.
"The shortfall in total revenue was due to lower than expected sales in its License and Cloud segment where collectively it posted growth of 2% yoy vs consensus of +5%. Specifically, Cloud SaaS and PaaS revenue was in line with our forecast while... More
June 20, 2014 9:09 AM EDT
Nomura Securities analyst Rick Sherlund reiterated a Buy rating and $46 price target on Oracle (NYSE: ORCL) following Q4 results, saying buy on weakness as "it's not about the quarter."
Sherlund said, "Oracle had a soft Q4 with software license revenues flat... More
June 20, 2014 6:49 AM EDT
Citi downgraded Oracle (NYSE: ORCL) from Buy to Neutral.
For an analyst ratings summary and ratings history on Oracle click here. For more ratings news on Oracle click here.
Shares of Oracle closed at $42.51 yesterday.
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June 19, 2014 5:17 PM EDT
(Updated - June 19, 2014 5:21 PM EDT)
Oracle Corp. (NYSE: ORCL) Sees Q1 EPS of $0.62-$0.66 vs estimate of $0.64. It sees non-GAAP revenue up 4%-6% vs estimate up 5%. It sees hardware system revenue -1% to +3%.
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