Wall Street analysis firm CSFB initiated coverage of Red Hat (Nasdaq: RHAT) on Wednesday with a “neutral” rating.
Red Hat stock closed at $11.04 on Wednesday.
The CFSB coverage comes after Robert W. Baird upgraded Red Hat to “outperform” from neutral on April 5. Baird had launched coverage of Red Hat in January.
Banc of America Sec upgraded Red Hat to “buy” from neutral on Feb. 9.
Red Hat: www.redhat.com
