Rolling coverage of the latest economic and financial news
Financial analysts have been quick to cut their target price for Oracle’s shares following last night’s results (and the drop in after-hours trading).
According to Reuters, Barclays have cut their target price for Oracle Corp to $310 from $330
“The Nikkei opened higher to track overnight Wall Street’s rises, but the gains were erased by declines of SoftBank Group.”
“The earnings of Oracle raised concerns if the data centre project, in which SoftBank Group is involved, would proceed as expected.”
Continue reading…Rolling coverage of the latest economic and financial newsFinancial analysts have been quick to cut their target price for Oracle’s shares following last night’s results (and the drop in after-hours trading).According to Reuters, Barclays have cut their target price for Oracle Corp to $310 from $330“The Nikkei opened higher to track overnight Wall Street’s rises, but the gains were erased by declines of SoftBank Group.”“The earnings of Oracle raised concerns if the data centre project, in which SoftBank Group is involved, would proceed as expected.” Continue reading…
