UPDATE: Jefferies Raises PT to $34 on Oracle Ahead of Earnings
December 17, 2012 at 13:08 PM EST
Jefferies reiterated its Hold rating on Oracle (NASDAQ: ORCL ) but raised its price target from $32 to $34. Jefferies noted, "Our most recent field work points to an in-line F2Q13, although it is possible license could be slightly better given the comp, inorganic contribution and sequential demand trends