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Fly News Breaks for November 3, 2015
RHT
Nov 3, 2015 | 06:15 EDT
Deutsche Bank analyst Karl Keirstead upgraded Red Hat to Buy saying the company is on the "right side" of public cloud and open source trends. The ramp of Red Hat's $100M-plus cloud subscription revenue stream is impressive, Keirstead tells investors in a research note. He raised his price target for shares to $90 from $75.
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