Oracle price target raised to $44 from $36 at Pacific Crest Pacific Crest increased its target on Oracle as the firm expects the company's hardware business to rebound in 2013. The firm thinks that the company faces less competition than its large cap peers and it maintains an Outperform rating on the shares.
FIS, Oracle among those exploring Monitise bid, Sky News reports FIS (FIS) is among the U.S. companies considering a takeover bid for Monitise, the UK mobile banking software manufacturer which put itself up for sale last month, Mark Kleinman of Sky News reports. Other possible bidders include Oracle (ORCL) and IBM (IBM), Kleinman added. He pointed out that all of the takeover discussions are said to be at an early stage. Reference Link