Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

CIBC World Upgrades Oracle to 'Buy'


CIBC World upgraded Oracle Corp. (ORCL) to buy from hold.

Analyst Melissa Eisenstat upgraded on a price basis and says recent field checks indicate that the current business is on track, albeit sluggish. She thinks the long-term potential for Oracle 9 database is very strong. Although it could take several quarters until there is any indication of momentum, she thinks this stock should be one of the first to benefit from any uptick. She has a $18 target, at 35 times her $0.47 2002 EPS estimate.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus