Benchmark

Benchmark raises its rating on Rackspace Hosting (NASDAQ: RAX) to Buy with a price target of $60 (from $45) on robust outlook for 2012. Benchmark says, "Rackspace reported strong 4Q11 results while indicating trends should drive similar performance in 2012. We raise our estimates to reflect...

Benchmark raises its price target on Buy-rated CBS Corporation (NYSE: CBS) from $30 to $33 on positive television advertising trends. Benchmark says, "CBS appears well positioned for 4Q11 and heading into 2012. We believe network scatter prices have firmed and are up in the mid to high single...

Zillow (NASDAQ: Z) is set to report its latest earnings after the closing bell on Wednesday. Wall Street analysts have a consensus estimate of a 3 cent per share loss. Over the past three months, that average estimate has increased from a loss of 4 cents. However, it has remained at a loss of 3...

According to a research report released earlier today, Benchmark as increased CBS Corporation's (NYSE: CBS) PT from $30 to $33 as a reaffirmation of the stock's favorable outlook. Benchmark explained in the report, “CBS appears well positioned for 4Q11 and heading into 2012. We believe network...

In a research report published this morning, Benchmark said that Orbitz Worldwide, Inc. (NYSE: OWW) is set to report its 4Q11 results before the open Thursday morning. Benchmark said in the report that, “Domestic Air and Vacation package sales could be a significant headwind in the quarter. We...

According to a research report released earlier today, Benchmark has upgraded Rackspace Holding's (NYSE: RAX) rating from Hold to Buy following a robust 2012 outlook. Benchmark commented in the report, “Rackspace reported strong 4Q11 results while indicating trends should drive similar performance...

In a research report published earlier today, Benchmark increased TechTarget Inc.'s (NASDAQ: TTGT) PT from $8 to $10 per share. According to Benchmark, “TechTarget continues to expand organically, launching new websites, establishing new international operations and adding services to its Activity...

According to a research report released earlier today, Benchmark has downgraded Marvell Technology Group (NASDAQ: MRVL) from a Buy rating to Hold. Benchmark commented in the report, “ We are lowering our rating on Marvell from “Buy” to “Hold”. Shares of Marvell Tech. have risen approximately 18...

In a recent research report, Benchmark has lowered FLIR System's (NASDAQ: FLIR) PT to $25. In the report, Benchmark explained, “FLIR reported a mixed Q4. Revenue and EPS from continuing operations were $405 million and $0.49 vs. consensus of $436 million and $0.45. The miss was primarily due to...

According to a research report published today, Benchmark has downgraded Broadcom Corporation's (NASDAQ: BRCM) rating from Buy to Hold. In the report, Benchmark commented, “Shares have increased 28% year-to-date and have approached our previous price target of $40. To compare, the SOX (...

Benchmark lowers its rating on True Religion Apparel (NASDAQ: TRLG) to Hold from Buy and lowers its price target to $38 from $42 as Q4 falls short. BEnchmark notes, "Operating margin continues to contract as spending outpaces revenue growth. We do not believe True Religion has a revenue problem...

Benchmark reiterates its Hold rating on Moody's (NYSE: MCO) and raises its price target by $3 to $37 on soft top line and increased expenses for Q4. Benchmark says, "Moody's reported soft top-line results in 4Q11. Expenses increased resulting in an operating income decline of 13% y/y. However,...

Benchmark lowers its rating on TripAdvisor (NASDAQ: TRIP) to Hold while reiterating its $31 target on lack of EBITDA growth for 2012. Benchmark says, "TripAdvisor reported decent 4Q11 results but issued disappointing guidance. 2012 revenue guidance was lower than anticipated with no EBITDA growth...

Benchmark reiterates its Buy rating on Sinclair Broadcasting Group (NASDAQ: SBGI) and raises its price target to $15, up $2, on acquisition augmenting solid core growth of the company. Benchmark says, "We expect renewed growth in 2012, which could be a hotly contested election year driving...