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Fly News Breaks for April 9, 2015
RHT
Apr 9, 2015 | 07:36 EDT
After surveying 31 Red Hat partners, JPMorgan says the company's OpenStack business could more than double over the next three years. The firm believes Red Hat OpenStack is positioned to become a couple-hundred-million dollar business in the next few years, likely equating to a market leadership position. It raised its price target for shares to $82 from $80 and reiterates an Overweight rating on Red Hat.
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