Oracle Corp (ORCL) Gets a Buy Rating from Credit Suisse


Credit Suisse analyst Brad Zelnick maintained a Buy rating on Oracle Corp (ORCL) on February 15 and set a price target of $60. The company’s shares closed on Friday at $51.72, close to its 52-week high of $53.48.

According to TipRanks.com, Zelnick is a 5-star analyst with an average return of 15.0% and a 78.5% success rate. Zelnick covers the Technology sector, focusing on stocks such as Salesforce.com, Symantec Corp, and Check Point.

Currently, the analyst consensus on Oracle Corp is a Moderate Buy with an average price target of $54.54.

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Oracle Corp’s market cap is currently $187.8B and has a P/E ratio of 50.71. The company has a Price to Book ratio of 6.14.

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