Red Hat to Live Stream Red Hat Summit 2016 General Sessions and Press Conference

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UBS Reiterates Buy on Red Hat (RHT) Ahead of 1Q Report

June 21, 2016 8:11 AM EDT

UBS reiterated a Buy rating and $89.00 price target on Red Hat (NYSE: RHT) ahead of the company's 1Q earnings report. A series of proprietary checks with RHT customers, partners, and ex-employees showed positive results on current positioning, but mixed on the longer-term.

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