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[News] [Linux] Red Hat Upgraded (Again!) Because of Healthy Growth Rate of Linux

Red Hat initiated with "buy" - update

,----[ Quote ]
| Analyst Kevin Buttigieg of AG Edwards initiates coverage of Red Hat 
| Inc with a "buy" rating. The 12-month price objective is set to $28.50.
`----

http://www.newratings.com/analyst_news/article_1543521.html

Sales were up 41% in the last quarterly report. It's inevitable.


Last week:

Ahead of the Bell: Red Hat [Upgraded]

,----[ Quote ]
| The market for Linux has expanded and Oracle's competitive threat 
| will not fundamentally disrupt Red Hat's business, he said. And
| Microsoft's threats are vague and will not result in any actual action.
`----

http://biz.yahoo.com/ap/070531/red_hat_ahead_of_the_bell.html?.v=1

http://finance.yahoo.com/q/ud?s=RHT

Thursday's Tech Winners & Losers

,----[ Quote ]
| Finally, Red Hat rose 7% after 
| Robert Baird boosted its rating on the stock to outperform from 
| neutral. The firm, which has a $28 price target for the company,
| said that Red Hat is seeing a shift in its sales mix, which
| should translate into higher revenue and margins. Shares were 
| up $1.61 to $24.56.
`----

http://www.thestreet.com/_yahoo/newsanalysis/winnerstech/10359856.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

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