1. Oracle only grew 1% last quarter, and Wall Street is starting to question whether management is up to the job (ORCL)

    Oracle only grew 1% last quarter, and Wall Street is starting to question whether management is up to the job (ORCL)
    • Wall Street analysts had a bone to pick with Oracle in notes to their clients published Tuesday, following mixed results in Oracle's first quarter FY2019 earnings on Monday.
    • Goldman Sachs lowered its price target for the database giant, while others questioned whether management is up to the task of reigniting growth.
    • Oracle reported revenue growth of just 1% year-over-year, leaving some on Wall Street feeling that transformation at the company "continues to take longer than hoped."...
    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. Goldman Sach's Heather Bellini retained her buy rating on shares of the company, but lowered her price target for Oracle from $56 to $55, noting that transformation at Oracle .
    2. With these items no longer broken out separately, investors have to rely on management's comments, but credibility has suffered as of late.
  3. Topics Mentioned

  4. Authors