Oracle’s Long Transition Continues

Oracle (ORCL: NYSE)

By Wedbush ($44.18, April 13, 2017)

We’re reiterating our Neutral rating on Oracle and our 12-month target price of $43, based on a combination of our price/earnings, enterprise value/free cash flow, and discounted-cash-flow approaches.

We’re more inclined to be more positive on Oracle (ticker: ORCL) than in…

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