Oracle price target raised to $194 from $157 at Citi

Citi raised the firm’s price target on Oracle (ORCL) to $194 from $157 and keeps a Neutral rating on the shares. The company’s fiscal Q2 results were mixed, as modest currency headwinds, earnings one-offs and continued capacity constraints led to Q2 headline metrics and Q3 guidance below expectations, the analyst tells investors in a research note. The firm says that alter stripping out currency and other non-operational headwinds, the results look more in-line.