Oracle (ORCL +1.5%) makes new 52-week highs after receiving an upgrade to Outperform from BMO's...

|About: Oracle Corporation (ORCL)|By:, SA News Editor

Oracle (ORCL +1.5%) makes new 52-week highs after receiving an upgrade to Outperform from BMO's Karl Keirstad, who cites improving top-line growth. "Enterprise data software spending is improving after a rough 2012," he argues - recent earnings reports back this up to an extent - and Exadata system sales have grown to the point where they'll "have a discernible impact" on 2013 growth. Keirstad also sees further room for margin improvement.