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Fly News Breaks for December 11, 2015
RHT
Dec 11, 2015 | 07:35 EDT
Stephens analyst Jonathan Ruykhaver expects Red Hat to report "solid" Q3 results, but also thinks the company will need to post an "exceedingly clean quarter" for shares to trade materially higher given their run-up since last quarter. The analyst, who thinks Red Hat is well positioned for sustained organic growth, keeps an Overweight rating and $85 price target on the stock.
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