Scotiabank Cuts Oracle Price Target to $205 From $215
Scotiabank kept its Sector Outperform rating after Oracle's investor day. Oracle shares fell about 3% in morning trading.
Oracle NYSE:ORCL shares slid about 3% in morning trading as Scotiabank cut its price target to $205 from $215.Scotiabank kept its Sector Outperform rating after Oracle's investor day in Las Vegas. Analyst Pat Colville said management capped extra capital needs at $20 billion.Customer prepayments, v…