Red Hat Gets Buy Rating As It Ascends In The Cloud

1 provider of Linux-based open-source operating-system software as it moves deeper into fast-growing areas such as the cloud. So concludes Brian White, an analyst for Cantor Fitzgerald, who initiated coverage on the enterprise software company on Tuesday with a buy rating and a price target of 81. Red Hat stock inched up a fraction, near 69.50, in morning trading in the stock market today .

Source: Tech