J.P. Morgan Reiterates Overweight Rating, $40 PT on Oracle Corporation
December 19, 2012 at 12:09 PM EST
In a report published Wednesday, J.P. Morgan & Co. reiterated its Overweight rating and $40.00 price target on Oracle Corporation (NASDAQ: ORCL ). J.P. Morgan noted, “Investors worrying that an end-of-year event might reduce 2012 investment performance got some relief from their indigestion last night, as Oracle reported solid results