Red Hat (RHT) PT Raised to $129 at Baird Following Q3 Earnings Report

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Red Hat (RHT) PT Raised to $119 at Jefferies Following 3Q

December 20, 2017 9:37 AM EST

Jefferies 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

Red Hat (RHT) PT Raised to $140 at Oppenheimer Following Q3 Earnings Report

December 20, 2017 8:12 AM EST

Oppenheimer raised its price target on Red Hat (NYSE: RHT) to $140.00 (from $125.00) while maintaining a Outperform rating.

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Red Hat (RHT) PT Raised to $130 at Morgan Stanley Following 'Solid" Q3 Earnings Report

December 20, 2017 7:07 AM EST

Morgan Stanley raised its price target on Red Hat (NYSE: RHT) to $130.00 (from $120.00) while maintaining a Equalweight rating.

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Red Hat (RHT) PT Raised to $150 at BTIG Following Q3 Earnings Report

December 20, 2017 6:54 AM EST

BTIG raised its price target on Red Hat (NYSE: RHT) to $150.00 (from $120.00) while maintaining a Buy rating.

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Red Hat (RHT) PT Raised to $139 at Bernstein Following Q3 Earnings Report

December 20, 2017 6:15 AM EST

Bernstein raised its price target on Red Hat (NYSE: RHT) to $139.00 (from $136.00) while maintaining a Market Perform rating.

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Red Hat (RHT) PT Raised to $130 at Piper Jaffray Following Q3 Earnings Report

December 20, 2017 6:08 AM EST

Piper Jaffray raised its price target on Red Hat (NYSE: RHT) to $130.00 (from $110.00) while maintaining a Neutral rating.

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Red Hat (RHT) PT Raised to $150 at Drexel Hamilton, 'Smooth Operator on the Open Source Highway'

December 20, 2017 6:07 AM EST

Drexel Hamilton raised its price target on Red Hat (NYSE: RHT) to $150.00 (from $130.00) while maintaining a Buy rating.

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Red Hat (RHT) PT Raised to $150 at Deutsche Bank on 3Q Beat & Raised FY Guidance; 'Valuation Seems Still Attractive'

December 20, 2017 5:57 AM EST

Deutsche Bank raised its price target on Red Hat (NYSE: RHT) to $150.00 (from $130.00) while maintaining a Buy rating, following the company's third quarter report.

Analyst Karl Keirstead notes a positive outlook on the shares due to raised full-year guidance from management, as the... More

Red Hat (RHT) PT Raised to $129 at Baird on 3Q Beat & Raised Full-Year Guidance; 'Benefiting from Increasing Deal Sizes'

December 20, 2017 5:54 AM EST

Baird raised its price target on Red Hat (NYSE: RHT) to $129.00 (from $115.00) while maintaining a Neutral rating, following the company's third quarter report.

Analyst Jayson Noland notes a positive outlook on the shares due to raised full-year guidance from management, as the... More

Red Hat (RHT) PT Raised to $138 at KeyBanc on 3Q Beat; 'Big-Deal Momentum Continues'

December 20, 2017 5:51 AM EST

KeyBanc raised its price target on Red Hat (NYSE: RHT) to $138.00 (from $135.00) while maintaining a Overweight rating, following the company's third quarter report.

Analyst Alex Kurtz notes a positive outlook on the shares, as the company reported third quarter earnings per share and... More

Red Hat (RHT) PT Raised to $140 at JMP Securities Following the Q3 Earnings Report

December 20, 2017 4:53 AM EST

JMP Securities raised its price target on Red Hat (NYSE: RHT) to $140.00 (from $122.00) while maintaining a Market Outperform rating.

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Red Hat (RHT) Tops Q3 EPS by 2c, Beats on Revenues; Offers FY18 EPS/Revenue Outlook Above Consensus

December 19, 2017 4:21 PM EST

Red Hat (NYSE: RHT) reported Q3 EPS of $0.73, $0.02 better than the analyst estimate of $0.71. Revenue for the quarter came in at $748 million versus the consensus estimate of $739.27 million.

Outlook: Red Hats outlook assumes current business conditions and current foreign currency exchange rates.

For the full year:

Revenue is expected to be approximately $2.906 billion to $2.911 billion in USD.GAAP operating margin is expected to be approximately 16.1% and... More