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Stock tip: Anlaysts are upgrading this dominant tech company
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Tuesday, February 02, 2010
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From 24/7 Wall Street:

Oracle Corp . (NASDAQ: ORCL) has just completed its acquisition of Sun Microsystems, and so far we are seeing analysts overwhelmingly in favor of the stock based on the most recent calls or on recent price changes. More importantly, the price targets were raised along with the earnings expectations for beyond 2010. There are some caveats and some side-bar issues here, but the pointed direction or bias continues to be a favorable one.

Last week we saw Friedman, Billings & Ramsey hike its old $27 target up to $30, while this morning we saw Credit Suisse resume coverage with an “Outperform” rating with a $30 price target. We have also seen Gartner issue a “Strong Positive” alert in Oracle.

What is happening is that Oracle is becoming more and more like IBM (NYSE: IBM) and less and like

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