Drexel Hamilton Raises Price target on Red Hat (RHT) Following a Strong 4Q Showing

UBS Reiterates Buy on Red Hat (RHT) Following 4Q Report

March 23, 2016 9:35 AM EDT

UBS reiterated a Buy rating and $89.00 price target on Red Hat (NYSE: RHT) following the company's 4Q earnings report. The company's 4Q marks 5 consecutive quarter of above 20% CC revenue growth.

Analyst Brent Thill commented, "FQ4 was RHT's 5th consecutive qtr of >20% CC revenue growth, with initial FY17 guidance also pointing towards accelerating... More

Needham & Company Remains Bullish Following Red Hat's (RHT) Solid 4Q Results

March 23, 2016 7:22 AM EDT

Needham & Company reiterated a Buy rating and $98.00 price target on Red Hat (NYSE: RHT) following the company's 4Q earnings report. Red Hats $544m revenue and $0.52 EPS were above consensus $537m and $0.47 EPS, with $0.04 EPS due to tax benefit.

Analyst Scott... More

Mizuho Securities Reiterates Buy on Red Hat (RHT) Following 4Q Earnings Report

March 23, 2016 7:14 AM EDT

Mizuho Securities reiterated a Buy rating and $88. price target on Red Hat (NYSE: RHT) following the company's 4Q earnings report. RHT reported total revenues of $544mm, +17% Y/Y or +21% in constant currency. The upside was driven by subscription sales that came in at $480mm... More

Red Hat (RHT) Q4 Billings Miss, but FY17 Targets 'Entirely Achievable' - BTIG

March 23, 2016 6:42 AM EDT

BTIG affirms Red Hat (NYSE: RHT) with a Buy rating and $92 price target following a "mostly solid" Q4 report, but lighter guidance than expected.

Analyst Joel Fishbein, Jr., noted a pressured billings line result in Q4, commenting, Management didnt cite specific reasons for the lower than... More

After-Hours Stock Movers 03/22: (SCS) (AFFX) (DF) Higher; (KKD) (NKE) (RHT) Lower (more...)

March 22, 2016 6:10 PM EDT

Pieris Pharma (NASDAQ: PIRS) 11.7% HIGHER; reported Q4 EPS of ($0.07), versus ($0.21) reported last year. Revenue for the quarter came in at $2.14 million, versus $3.27 million reported last year.

Krispy Kreme Doughnuts (NYSE: KKD) 6.4% LOWER; reported Q4 EPS of $0.22, $0.01 better than the analyst estimate of $0.21. Revenue for the quarter came in at $130.4 million versus the consensus estimate of $133.02 million. Systemwide domestic same store sales rose 1.6%, including a 0.2% gain at Company shops; constant currency international franchise same store sales declined 7.1%. GUIDANCE: Krispy... More

Red Hat (RHT) Tops Q4 EPS by 5c; FY EPS Guidance Beats

March 22, 2016 4:17 PM EDT

Red Hat (NYSE: RHT) reported Q4 EPS of $0.52, $0.05 better than the analyst estimate of $0.47. Revenue for the quarter came in at $544 million versus the consensus estimate of $534.6 million.

GUIDANCE:

Red Hat sees FY2017 EPS of $2.22 - $2.26, versus the consensus of... More

Mizuho Securities Reiterates Buy on Red Hat (RHT) Ahead of 4Q Release

March 22, 2016 11:22 AM EDT

Mizuho Securities reiterated a Buy rating and $88.00 price target on Red Hat (NYSE: RHT) ahead of the company's 4Q earnings report. Revenues are expected to be ~$540-545mm vs the consensus of $537mm and outlook of $535-539mm. EPS could come inline to slightly above... More

Trading Radar for 3/22: Nike (NKE), Red Hat (RHT), Cintas (CTAS), AAR Corp. (AIR), Krispy Kreme (KKD) Report

March 21, 2016 2:27 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
9:00am EDT

FHFA Housing Price Index - no Street consensus

Earnings:

Elbit Systems (Nasdaq: ESLT) - no Street... More