Red Hat (RHT) Q1, FY16 Guidance Falls Short of Views
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/14/2026
Go back to Red Hat (RHT) Q1, FY16 Guidance Falls Short of Views
March 26, 2015 8:48 AM EDT
Cowen analyst Gregg Moskowitz reiterated an Outperform rating and lifted its price target on Red Hat (NYSE: RHT) to $80.00 (from $74.00) following Q4 results.
Moskowitz commented, "RHT reported a strong F4Q that was well above even our generally high expectations. Despite facing a... More
March 26, 2015 7:27 AM EDT
Cantor Fitzgerald analyst Brian White reiterated a Buy rating and boosted his price target on Red Hat (NYSE: RHT) tto $85.00 (from $81.00) following solid Q1 results.
White commented, "Last night, Red Hat overcame a significant FX headwind to beat our 4Q:FY15... More
March 26, 2015 7:20 AM EDT
Northland Capital Markets analyst Tim Klasell reiterated an Outperform rating and boosted his price target on Red Hat (NYSE: RHT) to $80.00 (from $75.00) following Q4 results.
Klasell commented, "Red Hat reported strong 4Q results that beat Street estimates with strong subscription revenues and continued... More
March 25, 2015 4:06 PM EDT
Red Hat (NYSE: RHT) reported Q4 EPS of $0.43, $0.02 better than the analyst estimate of $0.41. Revenue for the quarter came in at $464 million versus the consensus estimate of $456.8 million.
Total backlog for fiscal year 2015 was in excess of $1.86 billion, up 19% year-over-year. We define total backlog as the value of non-cancellable subscription... More
