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Fly News Breaks for March 28, 2017
RHT
Mar 28, 2017 | 09:15 EDT
Stephens analyst Jonathan Ruykhaver raised his price target for Red Hat to $100 from $90 after the company reported Q4 results above consensus expectations, anchored by a large multi-year Navy deal and a telco deal worth about $100M/year. The analyst reiterates an Overweight rating on the shares.
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