Red Hat Downgraded, Cloud Computing Growth May Hit Legacy Software [Investor's Business Daily]
RED HAT (RHT)
Last red hat earnings: 3/25 04:15 pm
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US:NYSE Investor Relations:
investors.redhat.com
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Source: Investors Business Daily
Related news 6/15/2018 See which stocks are near a buy point ahead of earnings. Micron, Red Hat, Oracle Earnings; OPEC Meeting: Investing Action Plan Option Trading: Micron, FedEx Could Measure Up As Call Option Trades Red Hat Trading Near Top Of Buy Range Ahead Of Earnings Dow Jones Futures: These 4 Top Stocks In Buy Range Boast Rising Profit Estimates How Red Hat Morphed From Linux Pioneer Into Cloud-Computing Player Red Hat Trades In Buy Zone With Earnings On Tap These 4 Top Stocks On This Elite Screen Are In Buy Range Now Palo Alto, Red Hat, GoDaddy Help Drive This Mutual Fund's Outperformance Red Hat ( RHT ) is getting a boost from growth in cloud computing but it may be coming at the expense of older software products as customers shift spending, says one analyst who downgraded the stock ahead of earnings on Thursday. Michael Turits, analyst at Raymond James, says that customers may be buying less of the company's JBoss middleware tools.
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