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Oracle (ORCL) stock slipped Thursday after the database leader was downgraded by Morgan Stanley and RBC Capital on valuation, worries over China’s IT spending and growing competition from cloud computing vendors. RBC Capital downgraded Oracle to sector perform from outperform. Morgan Stanley downgraded Oracle to equal weight from overweight. “Oracle should remain a cash-flow-generating machine and still grow EPS faster than revenue, but we believe Scalper1 News
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