Red Hat (RHT) Tops Q2 EPS by 10c, Offers Outlook

Red Hat (RHT) PT Raised to $125 at KeyBanc

KeyBanc analyst Alex Kurtz raised his price target on Red Hat (NYSE: RHT) to $125.00 (from $121.00) while maintaining an Overweight rating following strong results and guidance.

The analyst noted hybrid could and FX drove results.

Red Hat (RHT) PT Raised to $128 at BMO Capital

BMO Capital raised its price target on Red Hat (NYSE: RHT) to $128.00 (from $107.00) while maintaining a Market Perform rating, following the company's quarterly report.

Analyst Keith Bachman notes a positive outlook following the company's quarterly report where management delivered earnings per share and revenues... More

Red Hat (RHT) PT Raised to $130 at Drexel Hamilton Following 2Q Beat

Drexel Hamilton raised its price target on Red Hat (NYSE: RHT) to $130.00 (from $127.00) while maintaining a Buy rating following the company's 2Q earnings results. Red Hat reported 2Q sales of $723.4 million that skated through the Street's estimate of $699.6 million, while pro forma EPS of $0.77... More

Red Hat (RHT) PT Raised to $117 at JPMorgan Following 2Q

JPMorgan raised its price target on Red Hat (NYSE: RHT) to $117.00 (from $110.00) while maintaining a Overweight rating following the company's 2Q. Red Hat reported total
revenue of $723.4M, above consensus of $699.6M. Subscription revenue of $637.6M was above consensus of $618.3M.... More

Red Hat (RHT) PT Raised to $120 at Deutsche Bank Following 2Q

Deutsche Bank raised its price target on Red Hat (NYSE: RHT) to $120.00 (from $110.00) while maintaining a Buy rating following the company's 2Q earnings... More

Red Hat (RHT) PT Raised to $125 at Mizuho Securities

Mizuho Securities raised its price target on Red Hat (NYSE: RHT) to $125.00 (from $109.00) while maintaining a Buy rating.

Analyst Abhey Lamba says execution remains strong for the company and is bullish on NT execution. The analyst also is positive on the sustained... More