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Oracle (ORCL +1.3%) edges higher after ThinkEquity's Yun Kim upgrades shares to Buy ahead of the...
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Friday, June 15, 2012, 9:45 AM ETOracle (ORCL +1.3%) edges higher after ThinkEquity's Yun Kim upgrades shares to Buy ahead of the company's FQ4 report, due next Thursday. Kim says checks indicate sales are steady even as investors fret over an IT spending slowdown, and expects Oracle's results to be "at least in-line." He also sees FQ1 guidance being "good enough to satisfy most investors." (Jefferies)
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