Red Hat Introduces New Application Platform Partner Initiative
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March 28, 2017 10:47 AM EDT
MKM Partners raised its price target on Red Hat (NYSE: RHT) to $82.00 (from $75.00) while maintaining a Neutral rating.
Analyst Kevin Buttigieg commented, "RHT's billings surged to its fastest growth rate in years and, at 29%, easily bested consensus expectations of mid-teens growth.... More
March 28, 2017 8:23 AM EDT
Drexel Hamilton raised its price target on Red Hat (NYSE: RHT) to $110.00 (from $105.00) while maintaining a Buy rating. Red Hat reported 4Q sales of $628.8 million that beat the Street at $618.6 million, while pro forma EPS of $0.61 met the Street.
Analyst Brian White... More
March 28, 2017 7:38 AM EDT
Barclays raised its price target on Red Hat (NYSE: RHT) to $96.00 (from $92.00) while maintaining a Overweight rating.
Analyst... More
March 28, 2017 7:08 AM EDT
Jefferies raised its price target on Red Hat (NYSE: RHT) to $83.00 (from $76.00) while maintaining a Hold rating. 4Q total revenue of $629M and subscription of $560M exceeded consensus of $619M and $550M. Non-GAAP EPS of $0.61 was in line with consensus.
Analyst John... More
