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Fly News Breaks for March 22, 2018
RHT
Mar 22, 2018 | 07:51 EDT
Citi analyst Walter Pritchard raised his price target for Red Hat to $179 ahead of the company's Q4 results on March 26. The analyst sees the company clearing a "tough comp bar" in Q4 and offering a "strong" outlook for fiscal 2019. He believes Red Hat is well positioned in the "cloud era" and keeps a Buy rating on the shares.
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