Thomas Weisel Initiates Coverage on Rackspace (RAX) with an Overweight

June 19, 2009 8:16 AM EDT

Thomas Weisel initiates coverage on Rackspace (NYSE: RAX) with an Overweight rating. Price target $16.

To see more analyst ratings on RAX Click Here.

Rackspace Hosting, Inc. (Rackspace Hosting), incorporated on March 7, 2000, is engaged in the business of hosting and cloud computing.


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