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Red Hat Downgraded, Trouble With JBoss

Dec 14, 2007, 14:30 (1 Talkback[s])
(Other stories by Eric Savitz)

"Red Hat shares are lower Thursday after Bank of America analyst Kirk Materne cut his rating on the stock to Neutral from Buy. His price target goes to $21 from $23.

"Materne says the company's fiscal third quarter ended November should be 'solid,' but that its JBoss application server software 'continues to have trouble gaining momentum...'"

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