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Fly News Breaks for March 28, 2017
RHT
Mar 28, 2017 | 06:09 EDT
Barclays analyst Raimo Lenschow thinks Red Hat shares should now able to move higher following last night's "strong" results. The company delivered on all the main aspects that investors are focused on, Lenschow tells investors in a post-earnings research note. He upped his price target for the shares to $96 from $92 and keeps an Overweight rating on the name.
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