Red Hat Reports Second Quarter Results for Fiscal Year 2018
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Red Hat (RHT) PT Raised to $125 at KeyBanc
September 26, 2017 10:36 AM EDTKeyBanc analyst Alex Kurtz raised his price target on Red Hat (NYSE: RHT) to $125.00 (from $121.00) while maintaining an Overweight rating following strong results and guidance.
The analyst noted hybrid could and FX drove results.
... MoreRed Hat (RHT) PT Raised to $130 at Drexel Hamilton Following 2Q Beat
September 26, 2017 8:02 AM EDTDrexel Hamilton raised its price target on Red Hat (NYSE: RHT) to $130.00 (from $127.00) while maintaining a Buy rating following the company's 2Q earnings results. Red Hat reported 2Q sales of $723.4 million that skated through the Street's estimate of $699.6 million, while pro forma EPS of $0.77... More
Red Hat (RHT) PT Raised to $117 at JPMorgan Following 2Q
September 26, 2017 7:56 AM EDTJPMorgan raised its price target on Red Hat (NYSE: RHT) to $117.00 (from $110.00) while maintaining a Overweight rating following the company's 2Q. Red Hat reported total
revenue of $723.4M, above consensus of $699.6M. Subscription revenue of $637.6M was above consensus of $618.3M.... More
Red Hat (RHT) PT Raised to $120 at Deutsche Bank Following 2Q
September 26, 2017 7:35 AM EDTDeutsche Bank raised its price target on Red Hat (NYSE: RHT) to $120.00 (from $110.00) while maintaining a Buy rating following the company's 2Q earnings... More
Red Hat (RHT) Tops Q2 EPS by 10c, Offers Outlook
September 25, 2017 4:15 PM EDTRed Hat (NYSE: RHT) reported Q2 EPS of $0.77, $0.10 better than the analyst estimate of $0.67. Revenue for the quarter came in at $723 million versus the consensus estimate of $699.3 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 $2.880 billion to $2.895 billion in USD.GAAP... More