UPDATE: Deutsche Bank Reiterates on Red Hat on Balanced Risk/Reward

By: Benzinga
In a report published Friday, Deutsche Bank analyst Greg Poole reiterated a Hold rating on Red Hat (NYSE: RHT ), and raised the price target from $45.00 to $48.00. In the report, Deutsche Bank noted, “RHT reported 3Q14 rev well above est of $397m vs. our/ cons of $382.5m/ $383m.
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