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Red Hat Inc.RHTDON'T BUYOct 22, 2003Stock price when the opinion was issued
As of Jul 08, 2019. Market Open.
They enable customers to operate in the hybrid Cloud world. They hold the hands of customers to transition into the Cloud which is growing. On June 22, they reported. They have had growth rates of over 20%, but they lowered it to 14% that they blamed on fixed income. He thinks they were moderating investors' expectations after a serious run. He sees 20% growth in the coming year. (Analysts' price target: $167.68)