Analysts mixed on Red Hat results

38

Author: JT Smith

The Street was mixed in its reaction to Red Hat’s
second quarter Friday; the company got a downgrade
from ABN AMRO, while other analysts were neutral on
its results.

Shares in the Linux operating system distributor were
down 2 to 23.25, or 8 percent. There had been some
execution worries for the company after its CFO
departed in July, reports ZDNet. More from CBS Marketwatch.

Category:

  • Open Source