Oracle Corp (ORCL) Receives a Hold from UBS


UBS analyst Jennifer Swanson Lowe maintained a Hold rating on Oracle Corp (ORCL) yesterday and set a price target of $51. The company’s shares closed yesterday at $45.85.

According to TipRanks.com, Lowe is a 4-star analyst with an average return of 6.0% and a 53.8% success rate. Lowe covers the Technology sector, focusing on stocks such as Pivotal Software Inc, Salesforce.com, and New Relic Inc.

Oracle Corp has an analyst consensus of Moderate Buy, with a price target consensus of $53.50, representing a 16.7% upside. In a report issued on December 12, Monness also maintained a Hold rating on the stock.

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Based on Oracle Corp’s latest earnings release for the quarter ending August 31, the company reported a quarterly revenue of $9.19 billion and net profit of $2.27 billion. In comparison, last year the company earned revenue of $9.62 billion and had a net profit of $2.23 billion.

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