BMO Capital said the company's cloud business is building momentum as products and improvements in the hardware business should also provide a boost. The firm maintained an "outperform" rating on the stock.
Stifel Nicolaus, meanwhile, met with Oracle's management and believes the company is well equipped for a transition to focus on cloud storage. Stifel contends the company has addressed several of its issues with regard to sales execution. The firm maintains its "buy" rating and $43 target price.
Must Read: Warren Buffett's 10 Favorite Stocks
TheStreet Ratings team rates ORACLE CORP as a "buy" with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate ORACLE CORP (ORCL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow."
Highlights from the analysis by TheStreet Ratings Team goes as follows: