Red Hat's Q3 'Off To A Good Start'

Posted by dcparris on Nov 7, 2005 4:59 PM EDT
Forbes; By Maya Roney
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Heather Bellini of UBS Investment Research raised the price target and maintained a "buy" rating on Red Hat (nasdaq: RHAT - news - people ) in anticipation of strong fiscal third-quarter 2006 results driven by increasing customer absolute spend.

[Renewals and increased spending are helping Red Hat - guess they must be doing something righ! - Ed]

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Damn should have bought at $7 richo123 0 1,188 Nov 7, 2005 5:41 PM

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