Economy

Credit Suisse Says That Oracle (NYSE:ORCL) Has $62 Stock Target

Credit Suisse Says That Oracle (NYSE:ORCL) Has $62 Stock Target”

Paragon Associates & Paragon Associates Ii Joint Venture bought 40,000 shares as the company's stock declined 16.27% while stock markets rallied. The institutional investor held 34,051 shares of the prepackaged software company at the end of 2016Q4, valued at $1.31 million, up from 20,761 at the end of the previous reported quarter. Rpm Intl Inc now has $6.52 billion valuation. Beese Fulmer Investment Management Inc. now owns 5,771 shares of the enterprise software provider's stock valued at $257,000 after buying an additional 38 shares during the last quarter. About 100 shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since September 6, 2016 and is uptrending. It has underperformed by 17.33% the S&P500. D-E Shaw & Company Inc acquired 2.21 million shares as Oracle Corp (ORCL)'s stock rose 5.35%. First Heartland Consultants holds 0.14% of its portfolio in Oracle Corporation (NYSE:ORCL) for 12,362 shares. Oracle Corp El now has $211.09 billion valuation.

Peregrine Asset Advisers holds 0.15% in Oracle Corporation (NYSE:ORCL) or 6,611 shares. 8,716,795 shares of the company's stock traded hands.

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Oracle Corporation (NYSE:ORCL). It has underperformed by 2.62% the S&P500. Following the sale, the director now owns 18,125 shares of the company's stock, valued at approximately $807,831.25. After this sale, 16,250 common shares of ORCL are directly owned by the insider, with total stake valued at $822,575. Arista Networks Inc Com (NYSE:ANET) was raised too.

Among 3 analysts covering Tuesday Morning (NASDAQ:TUES), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. CF Industries Holdings had 73 analyst reports since July 22, 2015 according to SRatingsIntel. Cardinal Mgmt, Manitoba - Canada-based fund reported 247,078 shares. The firm has "Buy" rating given on Wednesday, June 21 by Drexel Hamilton. The stock has "Outperform" rating by RBC Capital Markets on Monday, November 30. The firm earned "Equal Weight" rating on Friday, June 23 by Morgan Stanley. The company was downgraded on Monday, October 19 by Pacific Crest. The company has market cap of $1.79 billion.

Investors sentiment is 0.95 in 2016 Q4. Its down 0.73, from 1.28 in 2016Q3. It dropped, as 68 investors sold GE shares while 818 reduced holdings.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. The shares price has positioned 10.24% up over the past quarter while it has directed 18.91% toward a rising position throughout past six months. Howe & Rusling Inc. now owns 4,157 shares of the enterprise software provider's stock valued at $185,000 after buying an additional 84 shares during the last quarter. Utah Retirement owns 0.03% invested in RPM International Inc. Altrinsic Glob Advsr Limited Liability Company reported 706,487 shares. Scotia Cap Incorporated holds 0.02% or 32,455 shares in its portfolio. Kidder Stephen W has 133,462 shares. They expect $0.55 earnings per share, up 12.24% or $0.06 from last year's $0.49 per share. Glenview Commercial Bank Dept reported 6,700 shares stake. Private Communications Na has 48,354 shares for 0.45% of their portfolio. Meristem Ltd Liability Partnership has invested 1.27% in General Electric Company (NYSE:GE). Its the same as in 2016Q3. The stock of Oracle Corporation (NYSE:ORCL) earned "Buy" rating by Stifel Nicolaus on Friday, September 23.

06/22/2017 - Oracle Corporation had its "neutral" rating reiterated by analysts at MKM Partners. Moreover, Gareth Morgan Lp has 0.34% invested in Oracle Corporation (NYSE:ORCL).

Analysts are also projecting an Average Revenue Estimate for Oracle Corporation as $9.03 Million in the Current Quarter. Arcadia Invest Mngmt Corporation Mi holds 1.32% in Oracle Corporation (NYSE:ORCL) or 104,558 shares. Mcf Advisors Ltd Liability, a Kentucky-based fund reported 2,989 shares. Avalon Advsrs Ltd Liability Com stated it has 0.27% of its portfolio in Oracle Corporation (NYSE:ORCL). 8,799 are owned by Forte Capital Limited Liability Company Adv. Van Cleef Asset Managementinc has invested 2.01% in Oracle Corporation (NYSE:ORCL). Baker Ellis Asset Management Ltd owns 6,892 shares. Ramsay Stattman Vela And Price reported 0.28% of its portfolio in Oracle Corporation (NYSE:ORCL). Tru Of Vermont has 52,693 shares for 0.23% of their portfolio. Edge Wealth Mngmt Limited Co, a New York-based fund reported 11,487 shares.

D-E Shaw & Company Inc decreased Eog Res Inc (NYSE:EOG) stake by 87,400 shares to 6,800 valued at $687,000 in 2016Q4. It also reduced Pimco Etf Tr (BOND) stake by 16,922 shares and now owns 29,552 shares. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and thirty have issued a buy rating to the stock. Therefore 71% are positive. KeyCorp reaffirmed a "buy" rating and set a $61.00 price objective on shares of Oracle Corporation in a research report on Tuesday, July 18th. As per Wednesday, August 23, the company rating was maintained by Piper Jaffray. The firm has "Buy" rating given on Monday, July 10 by Wells Fargo. The rating was upgraded by KeyBanc Capital Markets on Wednesday, July 5 to "Overweight". The rating was maintained by BMO Capital Markets on Thursday, March 16 with "Outperform". The company was maintained on Friday, August 4 by RBC Capital Markets. Stifel Nicolaus maintained the shares of LOW in report on Thursday, July 20 with "Buy" rating. As per Friday, February 17, the company rating was upgraded by Northcoast.

06/22/2017 - Oracle Corporation had its "buy" rating reiterated by analysts at BTIG Research. The stock has "Neutral" rating by B. Riley & Co on Tuesday, January 26.

Receive Oracle Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle Corporation with MarketBeat.com's FREE daily email newsletter.



Like this

Latest


07 September 2017
UEFA chief backs Premier League transfer window plans
The current transfer deadline is on August 31 while the Premier League began on August 11. The change will need 14 votes from the 20 chairmen to go through.

07 September 2017
What's Propelling Take-two Interact Software (NASDAQ:TTWO) After Higher Shorts Reported?
Smithfield Trust Co. bought a new position in shares of Take-Two Interactive Software in the second quarter worth about $125,000. Emerald Mutual Fund Advisers Trust increased Take Two Interactive Software (TTWO) stake by 32.49% reported in 2016Q4 SEC filing.

07 September 2017
Insomniac Has New Dates For Electric Daisy Carnival Las Vegas 2018
Premier tents will include twin or queen-sized beds, linens, pillows, towels, tables, chairs, and lights for up to four guests. A neighboring area will allow for the creation of Sound Camps where Headliners can build out their own themed environments.

07 September 2017
Samsung's OLED Monopoly Blamed for Higher iPhone 8 Price Tag
UBS makes the somewhat questionable argument that Apple starts with a price and then develops a product to hit that budget. The iPhone has always set the benchmark for other manufacturers to try and come up with even better features.

07 September 2017
'Mean Girls' Musical Sets A Broadway Premiere Date!
Entertainment Weekly has shared a first look at "The Plastics" from the Broadway-bound production of Mean Girls . The film, which was released in 2004 (yes - 13 years ago) was big for stars Lindsay Lohan and Rachel McAdams .

07 September 2017
Images show Windows 10's upcoming Mixed Reality Viewer
The app has been updated to new version 17.8500.40725 for PC and 17.8500.40726 for Mobile. The update is now live and can be downloaded by clicking the below link.

07 September 2017
Diego Waits to Find Out the Costa His Antics
Exhausted of reading? Click through the gallery above to see the 12 highest paid stars at the Blues, according to the Daily Star. Chelsea have been fining Costa fortnightly while he has been in Brazil.

07 September 2017
Now the the world must do more, say General Bajwa
The forces of Pakistan have paid with their blood the cost of wars from Operation Sher-e-Dil till Radd-ul-Fasaad, he said. Motivational speaker and activist Muniba Mazari also spoke at the ceremony.

07 September 2017
Special Counsel Mueller Clashes With Senate Intel Committee
Erin Pelton, a spokeswoman for Rice, said she had met voluntarily with the committee as part of its investigation. Anything Trump, Jr says in the Senate meeting can be used against him and it is a crime to lie to Congress.

07 September 2017
Wanda Takes Legal Action Over "Malicious Rumors" About Chairman Wang
He apologized to Wang, but does not have the means to pay Wanda 5 million yuan that was demanded by Wanda. However, it's also going after individual social media users.



Recommended