Red Hat Reports Third Quarter Results for Fiscal Year 2018
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Red Hat (RHT) PT Raised to $119 at Jefferies Following 3Q
December 20, 2017 9:37 AM ESTJefferies raised its price target on Red Hat (NYSE: RHT) to $119.00 (from $100.00) while maintaining a Hold rating following the company's 3Q earnings report. Total revenues of $748M and subscription of $657M exceeded the Street's $735M and $648M. The $11M revenue upside vs... More
