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Red Hat Downgraded, Trouble With JBoss

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

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"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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