Tuesday, July 11, 2017

Oracle Price Estimate Increased By 20% On Higher Cloud Revenue Growth

In its Q4’17 earnings released on June 21, Oracle delivered $300 million extra in revenues and earned 10 cents per share in excess in comparison to analyst estimates. This has led us to increase our price estimate for Oracle by over 20%, from $44 to $54.

from Forbes Real Time http://www.forbes.com/sites/greatspeculations/2017/07/11/oracle-price-estimate-increased-by-20-on-higher-cloud-revenue-growth/
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