Linux distributor Red Hat beats profit estimate, raises forecasts
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Red Hat (RHT) PT Raised to $125 at KeyBanc
September 26, 2017 10:36 AM EDTKeyBanc 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.
... MoreRed Hat (RHT) PT Raised to $128 at BMO Capital
September 26, 2017 8:30 AM EDTBMO 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
September 26, 2017 8:02 AM EDTDrexel 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
September 26, 2017 7:56 AM EDTJPMorgan 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
September 26, 2017 7:35 AM EDTDeutsche 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
