Red Hat Reseller and Alliance Partners Help Companies Find Success with Red Hat Storage Solutions

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Red Hat (RHT) PT Raised to $82 at MKM Partners; Reiterates Neutral

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