Red Hat (RHT) Tops Q4 EPS by 10c, Offers FY and Q1 Guidance
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March 27, 2018 7:26 AM EDT
BofA/Merrill Lynch raised its price target on Red Hat (NYSE: RHT) to $130.00 (from $115.00) while maintaining a Underperform rating following the company's 4Q earnings report.
Results beat estimates across the board and FY19E revenue was guided above the Street. However, FX adjusted... More
March 27, 2018 6:37 AM EDT
RBC Capital raised its price target on Red Hat (NYSE: RHT) to $172.00 (from $166.00) while maintaining an Outperform rating following results.
Analyst Matthew Hedberg notes the company reported another strong quarter with billings up 25% y/y. They view the company as well positioned for the... More
March 27, 2018 5:53 AM EDT
Deutsche Bank raised its price target on Red Hat (NYSE: RHT) to $170.00 (from $150.00) while maintaining a Buy rating.
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