-
Benchmark Reiterates Buy, $6 PT on Cincinnati Bell; Solid Q1, CyrusOne IPO
Friday, May 4, 2012 - 8:59am | 122Read More...Benchmark reiterates its Buy rating and $6 price target on Cincinnati Bell (NYSE: CBB) following solid results for Q1 and the announcement of the CyrusOne IPO. Benchmark notes, "CBB reported solid 1Q12 results and announced it plans to IPO CyrusOne. We maintain that this event could unlock...
-
UPDATE: Benchmark Raises IRIS International's PT
Thursday, May 3, 2012 - 8:20am | 137Read More...According to a research report published this morning, Benchmark has increased IRIS International's (NASDAQ: IRIS) PT from $12.50 to $14. In the report, Benchmark said, "Results in Q1 met our forecast and demonstrated continued operating discipline, including expense control and strong $0.11 per...
-
UPDATE: Benchmark Lowers United Online's PT
Thursday, May 3, 2012 - 8:09am | 146Read More...According to a research report published this morning, Benchmark has lowered United Online's (NASDAQ: UNTD) PT from $7 to $6.50. Benchmark commented in the report, "United Online (UNTD-Buy, PT from $7.00 to $6.50) reported better-than-expected 1Q12 results, with revenue exceeding consensus by $2...
-
UPDATE: Benchmark Raises Zillow's PT
Thursday, May 3, 2012 - 8:05am | 82Read More...According to a research report published this morning, Benchmark has increased Zillow's (NASDAQ: Z) PT from $40 to $44. Benchmark said in the report, "Zillow reported strong 1Q12 results. Zillow's Premier Agent program remains the driver, with revenue up 141% y/y, driven by a 74% increase in...
-
UPDATE: Benchmark Lowers R.R. Donnelley & Sons' PT
Thursday, May 3, 2012 - 8:03am | 140Read More...According to a research report published this morning, Benchmark has decreased R.R. Donnelley & Sons' (NASDAQ: RRD) PT from $16 to $15. In the report, Benchmark explained, "Donnelley reported 1Q12 revenues lower than expected as volume declines across several product lines, continued pricing...
-
True Religion's Prayers are Answered
Wednesday, May 2, 2012 - 11:37am | 385Read More...On an earnings call full of captivating revelations last night, True Religion Apparel (NASDAQ: TRLG) reported robust earnings, a share repurchase authorization and dividend announcement. No one expected the quarter's many surprises, with analysts raising price targets this morning and commenting on...
-
UPDATE: Benchmark Raises CBS' PT
Wednesday, May 2, 2012 - 9:25am | 111Read More...According to a research report published this morning, Benchmark has increased CBS' (NYSE: CBS) PT from $33 to $39. In the report, Benchmark stated, "CBS (CBS-Buy, PT from $33 to $39) reported 1Q12 results well above expectations with total revenues up 12% to $3.92 billion, vs. our estimate and...
-
UPDATE: Benchmark Lowers OpenTable's PT
Wednesday, May 2, 2012 - 9:12am | 111Read More...According to a research report published this morning, Benchmark has lowered OpenTable's (NASDAQ: OPEN) PT from $50 to $45. In the report, Benchmark said, "OpenTable reported in-line 1Q12 results but offered disappointing 2012 guidance. International results were soft, as the toptable integration...
-
UPDATE: Benchmark Lowers PT of QuinStreet
Tuesday, May 1, 2012 - 8:53am | 92Read More...According to a research report this morning, Benchmark lowers the PT of QuinStreet (NASDAQ: QNST) from $11 to $9 per share following a disappointing fiscal 3Q12. Benchmark explained, “The core Financial and Education segments experienced revenue declines of roughly 20% y/y, well below our...
-
Benchmark Concludes SBA Communications Corporation Results In-Line for 1Q12
Tuesday, May 1, 2012 - 7:35am | 93Read More...According to a research report this morning, Benchmark reported 1Q12 Results for SBA Communications (NASDAQ: SBAC) to be just what they expected, thus allowing Benchmark to maintain its $60 PT and Buy rating. Benchmark continued, “SBA reported 1Q12 results that matched expectations and updated...
-
UPDATE: Benchmark Raises Amazon.com's PT
Friday, April 27, 2012 - 11:24am | 128Read More...According to a research report published this morning, Benchmark has increased Amazon.com's (NASDAQ: AMZN) PT from $210 to $260. In the report, Benchmark commented, "Amazon.com (AMZN-Buy, PT from $210 to $260) reported strong 1Q12 revenue results, with total revenue growing by 34% y/y to $13.2...
-
UPDATE: Benchmark Raises Expedia's PT
Friday, April 27, 2012 - 11:01am | 145Read More...According to a research report published this morning, Benchmark has increased Expedia's (NASDAQ: EXPE) PT from $33 to $40. In the report, Benchmark said, "Expedia (EXPE-Hold, PT From $33 to $40) reported strong 1Q12 results, with gross bookings up 15% to $8.42 billion, well ahead of consensus at...
-
UPDATE: Benchmark Raises Fusion-io's PT
Friday, April 27, 2012 - 10:57am | 122Read More...According to a research report published this morning, Benchmark has increased Fusion-io's (NYSE: FIO) PT from $30 to $35. In the report, Benchmark said, "We reiterate our Buy rating. Fusion-io reported another strong quarter driven primarily by “Core” sever customers such as HP and IBM and...
-
UPDATE: Benchmark Lowers Valassis Communications' PT
Friday, April 27, 2012 - 10:55am | 113Read More...According to a research report published this morning, Benchmark has lowered Valassis Communications' (NYSE: VCI) PT from $29 to $25. In the report, Benchmark said, "Management expects renewed growth in Shared Mail as the 1Q weakness was attributed mainly to a cutback by one large CPG customer and...
-
UPDATE: Benchmark Lowers Big Lots' PT
Tuesday, April 24, 2012 - 8:27am | 129Read More...According to a research report published this morning, Benchmark has decreased Big Lots' (NYSE: BIG) PT from $56 to $50. In the report, Benchmark commented, "Big Lots lowered Q1 comp expectations to slightly negative, from its previous guidance of up 2%-4%. We lowered our Q1 EPS estimate to $0.69...

