UPDATE: Deutsche Bank Reiterates on Red Hat on Balanced Risk/Reward
December 20, 2013 at 10:39 AM EST
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.