Why Oracle Stock Dropped Today
I hate to say I told you so, but in a column Tuesday, I warned "Oracle stock is probably not worth its present 75x earnings valuation." Now Rothschild Redburn analyst Alex Haissl has initiated coverage of Oracle (NYSE: ORCL) stock -- and Haissl says it's a sell.
Oracle stock is down 4.4% through 10 a.m. ET.
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Source Fool.com
Oracle Corp. Stock
€149.20
-2.810%
The stock is one of the favorites of our community with 95 Buy predictions and 2 Sell predictions.
With a target price of 233 € there is a hugely positive potential of 56.17% for Oracle Corp. compared to the current price of 149.2 €.
