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UPDATE: Benchmark Raises ValueClick's PT
Wednesday, February 8, 2012 - 9:55am | 108Read More...According to a research report released earlier today, Benchmark has increased ValueClick Inc.'s (NASDAQ: VCLK) PT from $18 to $20 after the company reported a solid 4Q11 last night. In the report, Benchmark commented, “Revenue and EBITDA were both ahead of estimates due primarily to strong...
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UPDATE: Benchmark Increases True Religion's PT
Tuesday, February 7, 2012 - 10:05am | 120Read More...In a research report published today, Benchmark increased True Religion Apparel Inc.'s (NASDAQ: TRLG) PT from $38 to $43. According to Benchmark, “We are modeling EPS of $0.70, on revenue of $126.4 million. We believe there could be upside potential to our estimate, and that EPS could come in...
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UPDATE: Benchmark Lowers Nielsen Holdings PT
Tuesday, February 7, 2012 - 10:04am | 101Read More...In a recent research report, Benchmark lowered Nielsen Holdings' (NYSE: NLSN) PT from $37 to $34. According to Benchmark, “Timing of the roll out of Nielsen Online Campaign Ratings, a later launch of Wal-Mart data in the consumer packaged goods analytics platform, and some slowing of growth abroad...
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UPDATE: Benchmark Increases Coinstar's PT
Tuesday, February 7, 2012 - 10:04am | 90Read More...In a recent research report, Benchmark increased Coinstar's (NASDAQ: CSTR) PT to $75 from $70. According to Benchmark, “We increased our FY12 EPS estimate to $4.09, from $3.90, and initiated our FY13 EPS estimate at $4.71, on the outperformance and ongoing benefits from the price increase, and...
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Benchmark Reiterates Buy, $20 PT on The Pantry
Monday, February 6, 2012 - 11:07am | 83Read More...Benchmark remains Buy-rated with a $20 price target on The Pantry (NASDAQ: PTRY) ahead of the company's Q1 earnings before open on Feb. 7. Benchmark says, "We expect EPS in line with our estimate of a $0.43 loss, below consensus of a $0.37 loss, driven by lower than consensus margins. Our FY12...
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UPDATE: Benchmark Raises Target to $60 on Cubic Corporation
Monday, February 6, 2012 - 10:55am | 112Read More...Benchmark reiterates its Buy rating on Cubic Corporation (NYSE: CUB) and raises its price target to $60 from $52 a share as the company's backlog provides long-term growth visibility. Benchmark notes, "Defense Systems' backlog was $504 million, down 7% y/y. Management had expected to ship...
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UPDATE: Benchmark Raises Target to $18 on AOL
Thursday, February 2, 2012 - 11:26am | 88Read More...Benchmark maintains its Hold rating on AOL (NYSE: AOL) and raises its price target by $2 to $18 a share on greater stability reflected in fourth quarter results. Benchmark says, " AOL reported 4Q11 results reflecting greater stability. Display revenue grew 4% y/y organically, as expected. Cost...
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UPDATE: Benchmark Raises Target to $50 on InterActiveCorp
Thursday, February 2, 2012 - 11:23am | 116Read More...Benchmark reiterates its Hold rating on InterActiveCorp (NASDAQ: IACI) on strong search volume that drove 4Q11 results. Benchmark notes, "Search revenue again accelerated on a y/y basis to 35% growth. IAC has increased marketing to drive toolbar distribution, as well as launch new proprietary...
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Benchmark Reiterates Hold, $38 Target on Harris Corporation
Wednesday, February 1, 2012 - 10:35am | 123Read More...Benchmark remains Hold-rated with a $38 price target on Harris Corporation (NYSE: HRS) following a weaker-than-expected quarter for the company. Benchmark says, "Q2FY12 sales and Non-GAAP EPS were $1.45 billion and $1.22 vs. consensus estimates of $1.5 billion and $1.19. Total revenue was up less...
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Benchmark Maintains Buy, $4.50 PT on RTI Biologics
Wednesday, February 1, 2012 - 10:29am | 127Read More...Benchmark remains Buy-rated with a $4.50 target price on RTI Biologics (NASDAQ: RTIX) as the company's conservative outlook presents a buying opportunity. Benchmark says, "Results in Q4 were not supported by stocking shipments, which we believe bodes well for potential stocking upside in Q1 and...
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Benchmark Reiterates Buy, $210 PT on Amazon.com
Wednesday, February 1, 2012 - 10:24am | 116Read More...Benchmark maintains its Buy rating and $210 target price on Amazon.com (NASDAQ: AMZN) as it believes the disappointing results and guidance do not affect long-term investment thesis on the company. Benchmark says, "The shortfall was primarily driven by a slowdown in worldwide Media sales. 1Q12...
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Benchmark Reiterates Buy, $40 Target on Broadcom
Wednesday, February 1, 2012 - 10:13am | 110Read More...Benchmark remains Buy-rated with a $40 target price on Broadcom (NASDAQ: BRCM) as the company delivers in-line results and guide. Benchmark says, "We expect the shares to continue to outperform the industry for the balance of 2012 based on: 1) an upward bias to consensus estimates based on the...
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UPDATE: Benchmark Raises Aspen Technology's PT Following Solid F2Q12 Results
Wednesday, February 1, 2012 - 9:29am | 125Read More...In a research report released by Benchmark today, Aspen Technology, Inc. (NASDAQ: AZPN) reported a solid quarter last night as EPS beat estimates and cash flow was delivered upside. Benchmark increased AZPN's PT from $19 to $22. According to the report, “The solid F2Q12 print reinforces our long-...
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Benchmark: Manhattan Associates Delivers 4Q EPS
Wednesday, February 1, 2012 - 9:28am | 76Read More...Benchmark has released a research report stating that Manhattan Associates, Inc. (NASDAQ: MANH) reported a favorable quarter last night driven by a good large deal performance. In the report, Benchmark commented, “Adjusted EPS and license revenue beat our estimates, though total revenue of $85.6...
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UPDATE: Benchmark Raises Harte-Hanks' PT Following Direct Marketing Miss
Wednesday, February 1, 2012 - 9:25am | 112Read More...In a research report published today, Benchmark says Harte-Hanks, Inc.'s (NYSE: HHS) 4Q11 revenue fell short of expectations due to slow growth in Direct Marketing. According to the report, “As a result of a large department store changing its advertising strategy, Direct Marketing revenue growth...

