The Traderszone Network

Published in TZ Latest News 28 December, 2015 by The TZ Newswire Staff

Clear Skies For Oracle Despite Cloud Revenue Struggles

With ORCL stock priced at just 12 times fiscal 2017 estimates of $2.82, its fair value should reach $45 in the next 12 to 18 months when applying a multiple of 16 to those estimates, which would yield a 25% premium from current levels.