Notable Upgrades: Oracle (ORCL), Apple (AAPL), Ignyta, Inc. (RXDX), T2 Biosystems (TTOO), Pandora Media (P)

Oracle Corporation (ORCL) was reiterated a ‘Buy’ by UBS analysts on Wednesday. The broker also raised its price target on the stock to $48 from $47. On valuation measures, Oracle shares are currently priced at 18.30x this year’s forecasted earnings compared to the industry’s 34.97x earnings multiple. Ticker has a PEG and forward P/E ratio […] View the full post at: Notable Upgrades: Oracle (ORCL), Apple (AAPL), Ignyta, Inc. (RXDX), T2 Biosystems (TTOO), Pandora Media (P) No related posts.