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Rackspace Rocked by Amazon

2013-05-10 09:20:06| IT Services - Topix.net

FBN Securities We are downgrading shares of Rackspace Hosting from Sector Perform to Underperform and lowering our price target from $55 to $35. We believe Amazon.com's Amazon Web Services division-"AWS"-is outgrowing Rackspace Hosting's Public Cloud business even ...

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