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Oracle Corporation (NYSE:ORCL) combining nearly 20 BI and analytics products into updated version of Oracle Analytics Cloud platform

By on June 26, 2019 0

Oracle Corporation (NYSE:ORCL) is combining nearly 20 BI and analytics products into an updated version of its Oracle Analytics Cloud platform with a unified UI and a single price for all of the software. But it also plans a new release of its legacy on-premises BI tools with added functionality that’s only available in the cloud platform now, in an effort to keep users who don’t want to move to the cloud from defecting to rival vendors.

Oracle Corporation (NYSE:ORCL) shares went down -1.18% to finally closed at $56.07 in last active session. 

ORCL’s distance from 20 day simple moving average is 5.47% and distance from 50-Day simple moving average is 3.96%.

Analyst’s mean target price for ORCL is $53.41 while analysts mean recommendation is 2.70. Stock value has moved between $42.48 – 57.21 in last one year. Stock has got OUTPERFORM rating from 4 of Thomson Reuters analysts, 21 given HOLD rating to the stock and 1 given UNDERPERFORM rating. Analyst’s mean target price for ORCL is $53.41 while analysts mean recommendation is 2.70. 

Oracle Corporation (NYSE:ORCL) yearly performance is 27.14% and net profit margin is 9.50%. Annual EPS Growth of past 5 years is -17.70%. The current share price indicates that stock is -2.44% away from its one year high and is moving 32.24% ahead of its 52-week low. 



On 25 June 2018, Palatin Technologies, Inc. (NYSE:PTN) shares went down -9.09% and ultimately finalized to $1.10 in last traded day. Stock has got OUTPERFORM rating from {1} of Thomson Reuters analysts, 0 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Analyst’s mean target price for PTN is $4.92. 



At the movement LRAD Corporation (NASDAQ:LRAD) is under coverage by number of analysts. Buy rating has been given by 0 analysts to the company stock whereas 0 given UNDERPERFORM rating to stock and 0 given HOLD rating. The consensus recommendation by Thomson Reuters analysts is 0.02 and their mean rating for the stock is 2 on scale of 1-5. Analysts mean target price for LRAD Corporation (NASDAQ:LRAD) is $4.50. 

If we look at stock performance in last active day trading, we see that stock has moved went down -2.17% to end the day at $3.15. The current share price indicate that stock is -14.63% away from its one year high and is moving 51.44% ahead of its 52-week low. 

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