Red Hat Introduces New Application Platform Partner Initiative

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Go back to Red Hat Introduces New Application Platform Partner Initiative

Red Hat (RHT) PT Raised to $82 at MKM Partners; Reiterates Neutral

March 28, 2017 10:47 AM EDT

MKM Partners raised its price target on Red Hat (NYSE: RHT) to $82.00 (from $75.00) while maintaining a Neutral rating.

Analyst Kevin Buttigieg commented, "RHT's billings surged to its fastest growth rate in years and, at 29%, easily bested consensus expectations of mid-teens growth.... More

Red Hat (RHT) PT Raised to $110 at Drexel Hamilton Following 4Q

March 28, 2017 8:23 AM EDT

Drexel Hamilton raised its price target on Red Hat (NYSE: RHT) to $110.00 (from $105.00) while maintaining a Buy rating. Red Hat reported 4Q sales of $628.8 million that beat the Street at $618.6 million, while pro forma EPS of $0.61 met the Street.

Analyst Brian White... More

Red Hat (RHT) PT Raised to $96 at Barclays; Reiterates Overweight

March 28, 2017 7:38 AM EDT

Barclays raised its price target on Red Hat (NYSE: RHT) to $96.00 (from $92.00) while maintaining a Overweight rating.

Analyst... More

Red Hat (RHT) PT Raised to $83 at Jefferies Following 4Q

March 28, 2017 7:08 AM EDT

Jefferies raised its price target on Red Hat (NYSE: RHT) to $83.00 (from $76.00) while maintaining a Hold rating. 4Q total revenue of $629M and subscription of $560M exceeded consensus of $619M and $550M. Non-GAAP EPS of $0.61 was in line with consensus.

Analyst John... More