Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 250.34

+0.9%

Nov 5 3:59 PM EST

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From: Still Rolling	8/23/2001 11:45:28 PM
	Read Replies (2) of 19079

$13 price target!!?? Prudential Securities initiated coverage of ORACLE CORP., giving the No. 2 software maker a hold rating. In a research note, it set a 12-month share price target of $13 for Oracle. "Although Oracle has a large market opportunity in front of it, we believe Oracle has significant obstacles to overcome first," the note said. The note said Prudential projected zero year-over-year revenue growth for 2001 and 8% growth for 2002, compared with Wall Street's consensus of 3% growth this year and 10% in 2002.

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