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Oracle: Credit Suisse is still supported.



Credit Suisse confirmed our view on Surperformance and our target price of $ 60 after the quarterly earnings announcement. Oracle, a market research firm, said it has outperformed its revenue and earnings per share targets and has achieved solid results through accelerating cloud computing. However, despite an easier base for comparison, the revenue outlook for the current quarter was somewhat disappointed, at + 2%, with a constant exchange rate against Wall Street's expectations of about 4%.

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