Oracle "outperform"

03/13/06 - Bear Stearns

NEW YORK, March 13 (newratings.com) - Analyst John DiFucci of Bear Stearns maintains his "outperform" rating on Oracle Corporation (ORCL). The target price is set to $17.

In a research note published on March 10, the analyst mentions that the company is likely to report robust results for the latest quarter on March 20. Oracle's results are expected to have been driven by sound execution in the database business and the robust performance of the applications business, the analyst says.