Oracle Q4 Preview: 73% Datapoints Are Positive, Says This Analyst
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Oracle Corp (NYSE:ORCL) is scheduled to report its fourth-quarter results after the market close on Tuesday.
Of the 26 datapoints collated ahead of the company’s seasonally strong fiscal fourth-quarter results, 73% are positive, according to JMP Securities.
The Oracle Analyst: Patrick Walravens maintained a Market Perform rating on the stock.
The Oracle Thesis: The company’s Cloud Infrastructure will be a “key area to monitor,” Walravens said in a note.
Check out other analyst stock ratings.
Oracle’s Gen2 Infrastructure Services had recorded annualized revenues of $6.7 billion …
Full story available on Benzinga.com
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