Morgan Stanley Downgrades Red Hat (RHT) to Equalweight

March 16, 2012 6:56 AM EDT
Get Alerts RHT Hot Sheet
Price: $187.71 --0%

Rating Summary:
    16 Buy, 24 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Morgan Stanley downgraded Red Hat (NYSE: RHT) from Overweight to Equalweight.

The firm cited valuation after the year-to-date rally.

For an analyst ratings summary and ratings history on Red Hat click here. For more ratings news on Red Hat click here.

Shares of Red Hat closed at $50.73 yesterday.


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