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

CSFB Maintains Outperform On Oracle


CS First Boston maintains outperform on Oracle Corp. (ORCL).

Analyst Jason Maynard says both database and application results exceeded his fourth-quarter expectations. He says strength in Americas drove outperformance.

Going into fiscal 2006 (ending May), he sees the company's momentum continuing. He notes Oracle shares trade at a significant discount to peers and he believes they deserve to trade at a premium to the S&P 500's p-e multiple of 18 times, closer to a peer group average of 20 times.

Maynard sees his 14 cents first-quarter fiscal 2006 earnings per share, $595 million license revenue, and $2.8 billion total revenue. He sees 78 cents fiscal 2006 earnings per share and has a $15 12-month target.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus