OpenStack

Red Hat Inc (NYSE: RHT)'s earnings report came in better than expected on multiple fronts, including revenue, billings, margins and earnings per share, Wells Fargo's Siti Panigrahi commented in a research report. The analyst maintains an Outperform rating on Red Hat's stock with a price target...

Red Hat Inc (NYSE: RHT) reported Monday an encouraging earnings beat that sent shares higher by more than 4 percent Tuesday. But not all of Wall Street were sufficiently impressed to be recommending the stock, including Bank of America's Kash Rangan who maintains a Neutral rating on Red Hat's stock...

Reviewing Red Hat Inc (NYSE: RHT)'s fourth-quarter results, Drexel Hamilton said investors are back in the Red Hat groove, as the company's performance rebounded in the fourth quarter after a tumultuous third quarter. Delivering Strong Growth Analyst Brian White noted that OpenStack and...

Shares of Red Hat Inc (NYSE: RHT) were trading higher by more than 5 percent ahead of Tuesday's market open in reaction to the company's fourth-quarter earnings report. Baird: 'Clean Beat' Rob Oliver of Baird commented in a research report that Red Hat provided investors with a "clean beat and...

According to Trip Chowdhry of Global Equities Research, shares of VMware, Inc. (NYSE: VMW) are overvalued and should decline to the $45 level. Chowdhry explained in his research note that VMware's business is being "squeezed" on two different fronts. The first, from SuperClouds, like Amazon.com,...

Credit Suisse sees two challenges for Rackspace Hosting, Inc. (NYSE: RAX), and slashed its price target by $2 to $20 after the company reported mixed first-quarter results. Analyst Sitikantha Panigrahi said the cloud service company would find it difficult to retain its existing public cloud...

Shares of Rackspace Hosting, Inc. (NYSE: RAX) touched a 52-week low after the cloud service company guided slower revenue growth for 2016 despite reporting better-than-expected fourth quarter results. The development led to a series of analyst downgrades on the stock, which fell 17 percent on...

Rackspace (NYSE: RAX) became an intriguing tech stock after the company announced that it had hired Morgan Stanley to evaluate its strategic alternatives. No one knows if a merger will actually occur. And if it does, the buyer is still a question mark, as there are many possible suitors. Ivan...

After the market closes on Monday, Rackspace Hosting (NYSE: RAX) will report its first quarter results. The current consensus expectation is for Rackspace to report an EPS of $0.14 and $404.86 million revenue. Investors will have high expectations for the company's earnings, as the cloud space has...

Rackspace (NYSE: RAX) was down more than seven percent in after hours trading, after announcing its third quarter results. The IT hosting company reported a Q3 EPS of $0.11, which may not compare to the Street estimate of $0.16. Revenue came in at $388.6 million, which may not compare to the...