Fly News Breaks for April 14, 2016
RHT
Apr 14, 2016 | 07:02 EDT
Pacific Crest analyst Ben McFadden upgraded Red Hat to Overweight from Sector Weight saying the company's momentum remains solid. The company appears well positioned for any cloud world, McFadden tells investors in a research note. The analyst has an $88 price target for the shares and sees upside to estimates as increasingly likely.
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