Why Oracle Stock Dropped Today
I hate to say I told you so, but in a column Tuesday, I warned "Oracle stock is probably not worth its present 75x earnings valuation." Now Rothschild Redburn analyst Alex Haissl has initiated coverage of Oracle (NYSE: ORCL) stock -- and Haissl says it's a sell.
Oracle stock is down 4.4% through 10 a.m. ET.
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Source Fool.com
Oracle Corp. Stock
€125.54
-5.640%
With 97 Buy predictions and 3 Sell predictions Oracle Corp. is one of the favorites of our community.
As a result the target price of 233 € shows a very positive potential of 85.6% compared to the current price of 125.54 € for Oracle Corp..
