Wall Street analyst firm Soleil Securities is the latest to launch coverage of Red Hat stock.

Soleil initiated coverage on Thursday with a “hold” rating on the Linux software developer’s stock.

Red Hat (Nasdaq: RHAT) shares traded at $28.02 late Thursday. Its 52-week high is $28.65.

FTN Midwest lifted Red Hat to a “buy” rating from “neutral” on Dec. 14.

Red Hat: www.redhat.com