Goldman Sachs weighs in on Red Hat (RHT) after its earnings report score, calling the quarter a...

|About: Red Hat, Inc. (RHT)|By:, SA News Editor

Goldman Sachs weighs in on Red Hat (RHT) after its earnings report score, calling the quarter a "good comeback" for the company after it missed by a whisker in FQ1. Analysts with Goldman takes their price target on RHT up to $50, as they see Red Hat's theme of replacing expensive proprietary UNIX servers with commodity platforms firing on all cylinders. Shares +8.4% premarket.