JPMorgan Downgrades Red Hat (RHT) to Underweight

February 24, 2011 7:48 AM EST Send to a Friend
Get Alerts RHT Hot Sheet
Price: $51.86 -1.5%

Rating Summary:
    12 Buy, 12 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 25 | New: 24
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An analyst at JPMorgan downgraded shares of Red Hat (NYSE: RHT) from Neutral to Underweight this morning. The firm maintains a $32 price target.

For more ratings news on Red Hat click here and for the rating history of Red Hat click here.

Shares of Red Hat closed at $40.58 yesterday, with a 52 week range of $26.69-$49.00.


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