Why KeyBanc Analyst Lowered Oracle’s Revenue Estimates
The company topped Wall Street expectations on earnings on the back of share buybacks. Foreign currency headwinds and US-China trade war fears also weighed on the stock. Out of the 36 analysts covering Oracle, 18 analysts have rated the stock a “buy,” while 18 analysts rated the stock as a “hold.” Only one analyst has given the stock a “sell” rating.