Oracle Corp (ORCL) Misses Q4 EPS by 3c

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Oracle (ORCL) Buy Rating Maintained at Goldman Sachs; Analyst Comments on Q4

June 20, 2014 9:17 AM UTC

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

Nomura Maintains Bullish Stance on Oracle (ORCL) Post Q4; 'It's Not About the Quarter'

June 20, 2014 9:09 AM UTC

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

Citi Downgrades Oracle (ORCL) to Neutral

June 20, 2014 6:49 AM UTC

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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UPDATE: Oracle Corp. (ORCL) Sees Q1 EPS of $0.62-$0.66 vs Est. $0.64

June 19, 2014 5:17 PM UTC

(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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