Red Hat Summit 2017 Dates Announced

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UBS Reiterates Buy on Red Hat (RHT) Following Analyst Day

July 1, 2016 8:58 AM EDT

UBS maintained a Buy rating on Red Hat (NYSE: RHT), and cut the price target to $85.00 (from $89.00), following an analyst day. Management continues to promote a balanced approach towards growth. The approach involves leveraging core RHEL infra strength while also investing in emerging product areas, to help drive topline growth at similar margin to current... More