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Fly News Breaks for March 13, 2017
RHT
Mar 13, 2017 | 08:31 EDT
After conducting checks, Pacific Crest analyst Ben McFadden believes that Red Hat will deliver beat and raise Q4 results. He thinks that the company's fiscal 2018 guidance will indicate that its profits can resume growing. The analyst thinks that the company's core business is taking share, while its profitability is bottoming. He recommends buying the stock.
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