The $9.3 billion deal was announced on Thursday and is expected to close this year.
Deutsche Bank said it "likes" the deal but does not expect a competing bid, so it downgraded NetSuite to "hold" from "buy."
"The deal has long been viewed as a clear strategic fit, a view we share," the firm wrote in the analyst note.
NetSuite can ramp up Oracle's cloud computing presence, while Oracle can offer NetSuite its "vast sales and partner distribution network," Deutsche Bank said.
The deal should also hold off competing businesses from successfully taking over the "Cloud Financials/ERP opportunity," the firm wrote.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate NETSUITE INC as a Sell with a ratings score of D. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.
You can view the full analysis from the report here: N