New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 13, 2014
09:20 EDTRHTRed Hat April volatility elevated into Q4 and outlook
Red Hat April call option implied volatility is at 36, June is at 32, September is at 30; compared to its 26-week average of 32 according to Track Data, suggesting large near-term price movement into the expected release of Q4 results on March 27.
News For RHT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent RHT news | >>
December 19, 2014
07:47 EDTRHTRed Hat price target raised to $80 from $74 at Oppenheimer
Oppenheimer increased its price target on Red Hat after the company reported stronger than expected Q3 results. The firm thinks the company appears to have strong momentum, and it keeps an Outperform rating on the shares.
07:42 EDTRHTRed Hat price target raised to $74 from $68 at UBS
UBS raised its price target on Red Hat to $74 from $68 following the company's Q3 results, which beat estimates despite difficult comps driven by a record number of large deals, a record contract length, and continued strength in large deal renewals. UBS reiterated its Buy rating on Red Hat shares.
07:04 EDTRHTRed Hat price target raised to $76 from $64 at Stifel
Subscribe for More Information
07:01 EDTRHTRed Hat price target raised to $75 from $68 at Piper Jaffray
Subscribe for More Information
December 18, 2014
18:22 EDTRHTOn The Fly: After Hours Movers
UP AFTER EARNINGS: Red Hat (RHT), up 9.3%... Pier 1 Imports (PIR), up 8%... NQ Mobile (NQ), up 9.3%... Cintas (CTAS), up 6.3%. ALSO HIGHER: Aratana Therapeutics (PETX), up 25.9% after candidate for dog osteoarthritis shows positive results... Ally Financial (ALLY), up 5% after announcing that it will exit the Troubled Asset Relief Program. DOWN AFTER EARNINGS: Nike (NKE), down 2.7%. ALSO LOWER: American Apparel (APP), down 2.8% after New York Post reports on takeover bid.
17:29 EDTRHTRed Hat continues higher to 9.4% in after hours trading after Q3 conference call
Subscribe for More Information
17:27 EDTRHTRed Hat CFO to retire in next 12 months
Subscribe for More Information
17:26 EDTRHTRed Hat sees Q4 EPS 40-41c, consensus 41c
Sees Q4 revenue $456M-$459M, consensus $459.39M. Guidance provided during Q3 earnings conference call.
17:25 EDTRHTRed Hat raises FY15 EPS to $1.57-$1.58, consensus $1.55
Subscribe for More Information
16:10 EDTRHTRed Hat trades higher in extended session
The shares are trading up above the prior 52-week high following earnings. At the current price of $65.43, next resistance is at $67.50. Support is at $63.69, the prior 52-week high.
16:10 EDTRHTRed Hat up 4.9% after reporting Q3 results
Subscribe for More Information
16:06 EDTRHTRed Hat reports Q3 EPS 42c, consensus 40c
Subscribe for More Information
14:01 EDTRHTRed Hat December 60 straddle priced for 6.2% movement into Q3
Subscribe for More Information
December 17, 2014
07:32 EDTRHTRed Hat December volatility increases into Q3 and outlook
Red Hat December call option implied volatility is at 96, January is at 39, March is at 31; compared to its 26-week average of 33 according to Track Data, suggesting large near term price movement into the expected release of Q3 results today.
December 12, 2014
10:28 EDTRHTRed Hat December volatility elevated into Q3 and outlook
Subscribe for More Information
10:01 EDTRHTOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:35 EDTRHTRed Hat resumed with an Overweight at Piper Jaffray
Subscribe for More Information
December 8, 2014
10:00 EDTRHTOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:14 EDTRHTRed Hat downgraded at Wells Fargo
As noted earlier, Wells Fargo downgraded Red Hat to Market Perform from Outperform. The firm downgraded the stock based on valuation. Target $64-$68.
05:54 EDTRHTRed Hat downgraded to Market Perform from Outperform at Wells Fargo
1 | 2 | all recent RHT news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use