Red Hat downgraded to Neutral from Buy at Citigroup Citigroup downgraded Red Hat citing slowing growth concerns and a lack of upside catalysts. The firm lowered its price target for shares to $56 from $64.
News For RHT From The Last 14 Days
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Red Hat, Google collaborate on open standard for Docker containers at scale Red Hat (RHT) and Google (GOOG) are collaborating to drive a new open standard around orchestrating Docker containers, a standard for application packaging in containerized environments, at scale for the management of cloud application deployments, Red Hat announced in a post to its corporate website. Reference Link