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Rackspace Hosting (RAX), which provides cloud computing and Web hosting services to more than 300,000 business customers around the world, received a downgrade on Friday. Although the San Antonio-based company can expect steady growth as it refocuses on core competencies, that growth has already been “more than adequately priced into the stock,” D.A. Davidson analyst Mark Kelleher said in a research report on Friday. Kelleher downgraded Rackspace Scalper1 News
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