“Linux distributor Red Hat rocketed out of its post-IPO
quiet period Wednesday. The stock soared as high as 135
1/2 and ended the day with an 8-percent rise to 116 3/4.
Tuesday Wall Street analysts weighed in on the company, as Goldman
Sachs and Hambrecht & Quist started coverage on the company at
a ‘market outperform’ and ‘buy’ rating, respectively.”
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