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…
Tag: Cantor Fitzgerald
Will Red Hat (RHT) Stock be Helped Today by This Ratings Initiation?
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•The firm said it initiated coverage on the open source software solutions provider as it believes the company is a market leader and will continue to gain market share. “In our view, Red Hat’s standing as a leading provider of open source software solutions positions the company well for the build out of next generation…