Oracle Gets Rare Upgrade On ‘Better Execution’

By | July 30, 2015

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Oracle (ORCL) has struggled in transitioning to cloud computing, but investment bank Jefferies says the company is doing better and gave the enterprise software giant a rare upgrade. Analysts John DiFucci and Brad Zelnick, in a research report Thursday, raised their rating on Oracle stock to buy from hold and hiked their price target to 50 from 41. Oracle stock was flat in afternoon trading in the stock market today, near 40. “While changes to the Scalper1 News

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