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Fly News Breaks for September 21, 2015
RHT
Sep 21, 2015 | 07:41 EDT
UBS said Red Hat remains positioned for continued execution and is one of the best positioned pure-play infra-software companies. The firm is incrementally more positive following the stock's recent pullback. UBS reiterated its Buy rating and $88 price target on Red Hat shares, citing better than expected Q2 sales, net positive results from its deal pipeline and increased customer interest in its OpenStack product.
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