Confidence In Oracle Cloud Is Growing, Says Analyst

By | November 16, 2015

Scalper1 News

An analyst upgrade from Goldman Sachs pushed Oracle (ORCL) stock up 1.5% to 37.84 by late morning on the stock market today, although it had peaked at 38.39 earlier in the morning. That followed five consecutive down days. Heather Bellini, the analyst, suggested that Oracle’s earnings may have found some footing “if Oracle is successful in attaining fiscal ’16 bookings targets,” she said in a research note issued Monday, two days before Scalper1 News

Scalper1 News