Oracle Margins Move Higher and 3 Stock Analyses Turning Heads
Oracle Corp. (NASDAQ:ORCL) margins are believed by Susquehanna to have the ability keep moving higher after Q1 results due to the company’s HCM and EXA systems growth trajectory and company guidance. Additionally, the firm mentions the easier comps in Q2 which may help results. Shares have a Positive rating and a $35 price target.
Ascena Retail Group, Inc. (NASDAQ:ASNA): According to Piper Jaffray, it would be a buyer of Ascena Retail shares into the company’s analyst day, scheduled for October 18. Piper believes that management will clarify the company’s guidance, and it keeps its Overweight rating on the stock.
Tibco Software, Inc. (NASDAQ:TIBX): Susquehanna has stated that any weakness in Tibco after its Q3 results should be used as a buying opportunity due to the company’s deferred license revenue component, increased demand for product bundling, and the belief that it is in the ideal position for secular growth. Shares have a Positive rating and a $37 price target.
Equinix, Inc. (NASDAQ:EQIX): Following its channel checks for the data center and managed hosting/cloud space, Wells Fargo believes that retail colocation demand remains strong, and managed hosting/cloud trends continue to be solid. The firm keeps its Outperform ratings on Equinix (NASDAQ:EQIX), Rackspace (NYSE:RAX), and InterNAP (NASDAQ:INAP).
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