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Goldman Sachs Downgrades Red Hat (RHT) to Neutral

November 9, 2009 8:24 AM EST
RHT Hot Sheet
Rating Summary:
    9 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 20 | Down: 11 | New: 38
Goldman Sachs downgrades Red Hat, Inc. (NYSE: RHT) from Buy to Neutral, citing valuaion as share approach their $29 price target.

The firm sees better upside in Adobe (Nasdaq: ADBE), which they upgraded to Buy today.

For more analyst ratings on Red Hat click here.

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