Red Hat (RHT) Tops Q4 EPS by 10c, Offers FY and Q1 Guidance

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Red Hat (RHT) PT Raised to $130 at BofA/Merrill Lynch Following 4Q

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

Red Hat (RHT) PT Raised to $172 at RBC Capital

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

Red Hat (RHT) PT Raised to $170 at Deutsche Bank

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.

... More