Benchmark

According to a research report published his morning, Benchmark has increased Sinclair Broadcasting Group's (NASDAQ: SBGI) PT from $15 to $16. In the report, Benchmark commented, "We expect 1Q12 net broadcast revenue to be at the higher end of management's recent guidance calling for net broadcast...

According to a research report this morning, things are looking very good for Buy-rated InfoSpace (NASDAQ: INSP) as Benchmark raises its price target from $15 to $17 a share. Benchmark explained, “We believe InfoSpace stock is a compelling buy for five reasons: 1) both operating segments are...

Benchmark initiates its coverage of Foot Locker (NYSE: FL) with a Hold rating and a $35 price target, as it believes shares are fairly valued while the company transitions from turnaround to growth. Benchmark comments, "We think the stock is fairly valued and our 2012 and 2013 estimates are...

Benchmark initiates its coverage on Nike (NYSE: NKE) with a Buy rating and a $128 price target following the beat in quarterly results. Benchmark notes, "With its diversified distribution channels, large international exposure and innovation pipeline, Nike is a global brand leader in athletic...

Benchmark increases its price target from $6 to $7 on Buy-rated inContact (NASDAQ: SAAS) following highlights from a meeting with management. Benchmark says, " Our meetings reinforced our Buy rating and investment thesis on inContact. We believe the Company is highly leveraged to favorable...

Benchmark initiates its coverage on The Finish Line (NASDAQ: FINL) with a Buy rating and $27 price target as the company provides guidance for the first time in years. Benchmark comments, "After several quarters of being unable to drive better bottom line growth given robust comps (due to e-...

According to a research report published this morning, Benchmark has upgraded eBay (NASDAQ: EBAY) from Hold to Buy, and increased PT from $37 to $45. In the report, Benchmark said, “eBay recorded accelerating 12% y/y GMV ex-vehicle growth in 1Q12, including 13% growth in US GMV and 11% growth in...

Benchmark increases its price target from $75 to $85 on Buy-rated Coinstar (NASDAQ: CSTR) as the company pre-announces ahead of consensus for Q1. Benchmark says, "We increase our FY12 EPS estimate to $4.60, from $4.09, and our FY13 EPS estimate to $5.20, from $4.71, on the outperformance and...

Benchmark initiates its coverage on ICU Medical (NASDAQ: ICUI) with a Buy rating and a $60 price target on macro defensive growth characteristics. Benchmark comments, "ICU Medical is a leader in the development, manufacture and sale of proprietary medical devices used in infusion therapy,...

Yesterday it was reported by several research firms that eResearch Technology (NASDAQ: ERT) will soon see the last of its publicly traded days, as private equity firm, Genstar Capital, is set to acquire the cardiac safety solutions company for $8 a share. In response to the news, Benchmark and...

Benchmark increases its price target from $692 to $840 on Buy-rated Priceline.com (NASDAQ: PCLN) on enhanced margin outlook and favorable hotel trends. Benchmark says, "We are raising our cash flow estimates for Priceline.com (PCLN-Buy, PT from $692 to $840), projecting enhanced operating...

Benchmark lowers its rating on eResearch Technology (NASDAQ: ERT) to Hold from Buy following a sale agreement with Genstar Capital for $8 a share. The $8 price target per share remains. Benchmark says, "We are downgrading ERT shares to Hold from Buy (issued in late February) as they are trading...

Benchmark reiterates its Buy rating and $15 price target on InfoSpace (NASDAQ: INSP) as it believes pullback on shares was due to alarmist report riddled with inaccuracies. Benchmark notes, "There is no meaningful accounting issue at InfoSpace. InfoSpace has changed auditors from Deloitte &...

According to a research report published earlier today, Benchmark has increased AOL's (NYSE: AOL) PT from $18 to $28. In the report, Benchmark explained, “Wow! AOL announced the sale of over 800 patents to Microsoft for $1.056 billion, or $10.67 per share in stock value. AOL will pay essentially...

According to a research report published this morning, Benchmark has lowered Saba Software's (NASDAQ: SABA) PT to $14 following its 10-Q filing delay. In the report, Benchmark commented, “Three things strike us about today's announcement: 1) SABA's Board of Directors and external auditors felt...