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Enter Symbol:
 
Red Hat Inc. (RHT) [hlAlert]

Rating:
Outperform
RHT
up 33.69 %

Red Hat Inc. (RHT) rated Outperform with price target $65 by Northland Securities

Posted on: Friday,  Jan 25, 2013  8:25 AM ET by Northland Securities

Northland Securities rated Outperform Red Hat Inc. (NYSE: RHT) on 01/25/2013, when the stock price was $55.50. Since
then, Red Hat Inc. has gained 33.69% as of 01/08/2016's recent price of $74.20.
If you would have followed this Northland Securities's recommendation on RHT, you would have gained 33.69% of your investment in 1078 days.

Red Hat Inc.(Red Hat) is engaged in providing open source software solutions to the enterprise, including its core enterprise operating system platform, Red Hat Enterprise Linux, its enterprise middleware platform, JBoss Enterprise Middleware, its virtualization solutions and other Red Hat enterprise technologies. The Company employs an open source software development and licensing model that uses the collaborative input of an international community of contributors to develop and enhance software. The collectively developed software is distributed under open source licenses, such as the GNU General Public License and GNU Lesser General Public License, permitting access to the human-readable software source code. In March 2008, the Company acquired Amentra, Inc., and in September 2008, it acquired Qumranet, Inc. Its wholly owned subsidiary is Red Hat Professional Consulting, Inc.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2013 8:25 AM Buy
None
55.50 65.00
as of 12/13/2013
1 Week   
1 Month up  0.86 %
3 Months down  -10.79 %
1 YTD down  -15.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2013 8:25 AM Buy
None
55.50 65.00

(*) Stock Price at the time of the recommendation.
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