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Oracle Challenges Spark Caution; Estimates Lowered
2015-01-09 05:40:26| IT Services - Topix.net
That's the message from Steve Koenig, an analyst for Wedbush Securities, who on Thursday lowered his earnings and revenue estimates for this year and next year, citing uncertain currency issues and "cautious assumptions" for software and hardware support sales. He rates Oracle stock neutral, with a 42 price target.
Tags: estimates
challenges
oracle
caution
Category:Information Technology
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