Red Hat (RHT) Reports In-Line Q4 EPS

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

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

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 $80 at Goldman Sachs

Goldman Sachs raised its price target on Red Hat (NYSE: RHT) to $80.00 (from $72.00) while maintaining a Sell rating.

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

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

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

Red Hat (RHT) PT Raised to $100 at Deutsche Bank; 'Strongest Quarters in Years'

Deutsche Bank raised its price target on Red Hat (NYSE: RHT) to $100.00 (from $90.00) while maintaining a Buy rating, saying after disappointing 3QF17 results, RHT rebounded with one of its strongest quarters in years.

Karl Keirstead commented, "Constant currency billings growth of 29% was... More