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Fly News Breaks for September 22, 2015
RHT
Sep 22, 2015 | 07:46 EDT
UBS said Red Hat remains one of the best positioned pure-play infra-software companies following its steady Q2 results. The firm said the only blemish on the quarter is its as-reported billings, which the firm notes may bounce around from quarter-to-quarter. UBS is incrementally more positive on Red Hat following its recent pullback and reiterated its Buy rating while lowering its price target on shares to $85 from $88.
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