In a report published Wednesday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on Oracle ORCL.
In the report, Morgan Stanley noted, “With a number of upcoming catalysts and a relatively attractive multiple, ORCL should see upside from current levels and we increase our base case to $45. However, we remain concerned about the trade-off between operating margins versus organic growth longer-term, and remain EW.”
Oracle closed on Tuesday at $39.92.
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