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Fly News Breaks for June 23, 2016
RHT
Jun 23, 2016 | 07:28 EDT
Deutsche Bank analyst Karl Keirstead said Red Hat's Q1 results were "a bit light," but "not a thesis changer," as he believes the business still seems healthy, pointing to its billings growth and increased number of deals worth $1M or more. Keirstead keeps a Buy rating and $95 price target on Red Hat shares.
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