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Fly News Breaks for December 18, 2015
RHT
Dec 18, 2015 | 08:50 EDT
JMP Securities increased its price target on Red Hat after the company reported stronger than expected Q3 results. The firm continues to be impressed by what it sees as the company's solid execution, as well as its its three quarters in a row of subscription billings acceleration, The firm thinks the company is well-positioned to continue to gain share, and it keeps an Outperform rating.
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