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Why KeyBanc Analyst Lowered Oracle’s Revenue Estimates

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.