Red Hat (RHT): Cutting PT to $80 From $88 - Mizuho
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Deutsche Bank Cuts Price Target on Red Hat (RHT) to $90 Following 3Q Report
December 22, 2016 8:39 AM ESTDeutsche Bank maintained a Buy rating on Red Hat (NYSE: RHT), and cut the price target to $90.00 (from $95.00), following the company's 3Q earnings report.
Analyst... More
JMP Securities Cuts Price Target on Red Hat (RHT) Following Mixed 3Q
December 22, 2016 8:18 AM ESTJMP Securities maintained a Market Outperform rating on Red Hat (NYSE: RHT), and cut the price target to $93.00 (from $97.00), following the company's 3Q earnings... More
Jefferies Cuts Price Target on Red Hat (RHT) to $76 Following 3Q Report
December 22, 2016 7:32 AM ESTJefferies maintained a Hold rating on Red Hat (NYSE: RHT), and cut the price target to $76.00 (from $79.00), following the company's 3Q earnings report. Total revenues of $615M and subscription of $543M missed consensus of $619M and $546M. EPS of $0.61 was in line after excluding a... More
Needham & Company Cuts Price Target on Red Hat (RHT) Following 3Q Report
December 22, 2016 7:24 AM ESTNeedham & Company maintained a Buy rating on Red Hat (NYSE: RHT), and cut the price target to $89.00 (from $98.00), following the company's 3Q earnings report. For FY17, RHT lowered revenue by -24m and cash flow from operations by -32m at the midpoint; opmgn remains 23% and EPS was raised by $0.03 for... More
