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Oppenheimer Upgrades Rackspace Hosting (RAX) to Outperform

November 10, 2009 9:08 AM EST
RAX Hot Sheet
Rating Summary:
    7 Buy, 13 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Oppenheimer upgrades Rackspace Hosting (NYSE: RAX) from Perform to Outperform. Price target $24.

To see more analyst ratings on RAX Click Here.

Rackspace Hosting, Inc. provides information technology (IT) as a service, manages Web-based IT systems for small and medium-sized businesses, as well as large enterprises worldwide.

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