Wall Street edges lower, pauses as tax bill clears Congress

Go back to Wall Street edges lower, pauses as tax bill clears Congress

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

Micron Technology (MU) PT Raised to $55 at Nomura/Instinet on 2Q Report; 'NAND Margins Drive Another Solid Print'

December 20, 2017 8:45 AM EST

Nomura/Instinet raised its price target on Micron Technology (NASDAQ: MU) to $55.00 (from $50.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst Romit Shah notes a positive outlook on the shares, as the company reported second quarter earnings per share... More