Investor’s Business Daily – The Linux software developer could rise 20% in the coming year on better-than-expected revenue, RBC Capital Markets said. RBC also boosted its 12-month price target from $40 to $57, saying Red Hat is having success renewing contracts of big customers like Amazon.com (NMS:AMZN), IBM , Qualcomm (NMS:QCOM) and Japan’s Nippon Telegraph & Telephone . RBC says sales could top RBC’s Q3 forecast range of $227.1 mil-$229 mil and Red Hat’s forecast of $226 mil-$228 mil. Red Hat rose 1% to 47.99.