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Oracle -1.4% on double downgrade

Mar. 20, 2019 11:53 AM ETOracle Corporation (ORCL) StockORCLBy: Brandy Betz, SA News Editor9 Comments
  • German bank DZ Bank downgrades Oracle (NYSE:ORCL) from Buy to Sell and cuts the price target from $53 to $48, implying a 10% downside.
  • Last week, Oracle reported Q3 beats with a weak Q4 outlook.
  • Oracle shares are down 1.4% to $53.29.

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