Red Hat Demand STILL Strong and 3 Must-See Stock Analyses
Red Hat, Inc. (NYSE:RHT): Following its checks, Pacific Crest states that open Red Hat Linux demand continues to be strong. The firm mentions that the shares are making their way to its $60 target, but it still recommends purchasing the shares on any material weakness.
Align Technology Inc. (NASDAQ:ALGN): Following a presentation by Align Technology, ThinkEquity decided to keep its Buy rating but increase its target to $46 from $40 on the stock.
Zillow Inc (NASDAQ:Z): ThinkEquity views the company’s long-term fundamental opportunity as continuing to be strong, after viewing a presentation by Zillow’s CFO. The firm maintains Buy rating and a $44 target on the shares.
Rentrak Corporation (NASDAQ:RENT): According to Brean Murray, Rentrak made a compelling case for upside from its TVEssentials service as it detailed additional opportunities for growth at its investor day. The firm predicts a rise in margins along with stronger earnings and an emerging revenue profile. The firm gives the shares a Buy rating and a $28 price target.
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