Monness Crespi Sees 46% Upside to Oracle—Read Why

Monness Crespi Sees 46% Upside to Oracle—Read Why
The Oracle logo is shown on an office building in Irvine, Calif., on June 28, 2018. Mike Blake/Reuters
Benzinga
Updated:

Monness Crespi analyst Brian White notes that Oracle Corp. stock has experienced a sharp decline in recent weeks.

The analyst believes Oracle’s selloff is a knee-jerk reaction to its announcement last month to acquire Cerner Corp., creating an “attractive buying opportunity.”