BusinessWeek did a story on Oracle's earnings next week and how Oracle's integration project progress (or lack thereof) is the reason for its downgrade.
First Albany Capital analyst Mark Murphy on Friday downgraded software developer Oracle Corp. to "Neutral" from "Buy," saying the stock is pricey, growth is likely to slow and the company may have trouble integrating its many acquisitions.
"Investors are too complacent if they believe that the largest, messiest, most complex application integration project in the history of the technology industry will go off without a hitch," Murphy wrote in a research report.
2 comments:
Perhaps you can now comment on the recently released ORCL earnings.
I can see that the analysts are still in favor of ORCL growth over SAP:
TIMEFRAME ORCL SAP
Current Qtr. 15.8% 13.8%
Next Qtr. 15.8% 16.1%
This Year 20.0% 19.4%
Next Year 15.6% 12.6%
Analysts expect Oracle to grow especially after having spent more than $15B in acquisitions. I would like to comment except SAP is in a quiet period right now.
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