Red Hat (RHT) Approves $1B Common Stock Buyback Program

Drexel Hamilton Reiterates Buy on Red Hat (RHT) Following Solid 1Q Earnings

Drexel Hamilton reiterated a Buy rating and $105.00 price target on Red Hat (NYSE: RHT) following the company's 1Q earnings report. Red Hat reported sales of $567.9 million, which beat the Street's $562.6 million estimate. Pro forma EPS of $0.50 was in-line with the Street.

Analyst Brian... More

Mizuho Securities Remains Bullish on Red Hat (RHT) Following Strong 1Q

Mizuho Securities reiterated a Buy rating and $88.00 price target on Red Hat (NYSE: RHT) following the company's 1Q earnings report. Revenue of $568mm was above consensus estimates and the upper-end of guidance. EPS of $0.50 was in-line with consensus. Results were driven by consistent... More

Needham & Company Reiterates Buy on Red Hat (RHT) Following 1Q Report

Needham & Company reiterated a Buy rating and $98.00 price target on Red Hat (NYSE: RHT) following the company's 1Q earnings report. RHT reported revenues of $568m, slightly better than the consensus estimate of $563m. The company's $0.50 EPS was in line with consensus. 2Q guidance for revenue bracketed the Street, and EPS of $0.54 is below... More

BTIG Still Sees Long-Term Potential in Red Hat (RHT); Affirms at 'Buy' Following Q1 Report

BTIG affirms Red Hat (NYSE: RHT) with a Buy rating and $92 price target following the company's Q1 results issued Wednesday night.

Analyst Joel Fishbien commented today: Revenues were slightly ahead of expectations and cross selling / booking metrics continue to see positive... More

Red Hat (RHT) Reports In-Line Q1 EPS; Guides FY17 EPS Below Views

Red Hat (NYSE: RHT) reported Q1 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $568 million versus the consensus estimate of $562.76 million.

Share Repurchase Program:

Red Hat, Inc. (NYSE:... More