Research analysts at Credit Suisse began coverage on shares of Red Hat (NYSE:RHT) in a report released on Friday. Red Hat Inc (NYSE:RHT) stock opened at $56.52 in last session, and closed at $57.48, while the day range of RHT stock is $56.52 – $57.63. The stock showed a positive weekly performance of 4.78%.
Acronis Inc. urged a California federal judge on Monday to throw out Symantec Corp. (NASDAQ:SYMC)’s allegations that Acronis infringes five of its patents on computer backup and recovery software, arguing that Symantec Corp. (NASDAQ:SYMC) hasn’t shown that its rival’s products have directly infringed its intellectual property in the U.S. Symantec Corporation (NASDAQ:SYMC) stock opened at $20.91, in last session and closed at $21.23, by gaining 1.63%. The 52 week range of SYMC is $20.31 – $27.10. Company’s market capitalization is $14.68billion.
Janney upped its fair value outlook for NetApp Inc. (NASDAQ:NTAP) to $46 from $40, as the company prepares to report earnings after the close tomorrow. While the equity boasts a year-over-year gain of 22.4% to trade at $43.27, speculators have been buying to open puts, relative to calls, at an accelerated rate ahead of the quarterly event. NetApp Inc. (NASDAQ:NTAP) stock advanced 0.97% and finished the last session at $43.69. The EPS of the stock remained 1.61. Company’s market capitalization is $14.89billion.
The Board of Directors of EMC Corporation (NYSE:EMC) has declared a quarterly dividend at the rate of $0.10 per share of the common stock. EMC Corporation (NYSE:EMC) stock opened the session at $24.93, and closed the session at $24.98. The 52 week range of the EMC stock remained $21.45 – $27.34 and the day range was $24.75 – $25.03.