Fly News Breaks for March 23, 2016
RHT
Mar 23, 2016 | 08:26 EDT
Baird raised its price target on Red Hat to $85 from $80 following its Q4 report, citing what it views as solid results versus tough comps as well as metrics other than earnings and revenue beating expectations. Baird reiterated its Outperform rating on Red Hat shares.
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