You could be talking about either Oracle Corp. ORCL, -12.24% or the New York Jets, says one analyst in the wake of the software company’s weak forecast.There was “[s]o much hype and excitement” heading into Oracle’s report, according to Mizuho’s Jordan Klein, a desk-based analyst associated with Mizuho’s sales team and not its research unit. But with shares up 12% in the 10 days leading up to Oracle’s earnings, Wall Street was looking for an above-consensus revenue forecast, he noted.
See also: If this Aaron Rodgers injury is career-ending, are the New York Jets on the hook for $75 million? “In our view, Oracle represents a high-quality tech company with the opportunity to participate in a compelling cloud transformation; however, valuation has become less compelling, sentiment overly optimistic, trends at Cerner rocky, and we believe the darkest days of this downturn are ahead of us,” he wrote.