Wall Street analyst updates Oracle's stock price
American software giant Oracle (NASDAQ: ORCL) is back in the spotlight on Wall Street after projecting strong future revenue growth, fueled mainly by new cloud contracts, despite its latest quarterly results falling short of expectations.The company reported adjusted earnings of 1.48 forecast, while revenue came in at 15.04 billion. Still, revenue grew 12% year-over-year, with net income steady at $2.93 billion.What grabbed investors’ atte ...