Red Hat "buy," target price raised

Posted by dave on Mar 24, 2004 5:43 AM EDT
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Analyst Sameer Nadkarni of WR Hambrecht reiterates his "buy" rating on Ret Hat [sic], while raising his estimates for the company. The target price has been raised to $26. Shares of Red Hat, a leading provider of open source Linux software, are currently trading at $19.41.

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