Benchmark

Benchmark is out with its report today on OpenTable (NASDAQ: OPEN), lowering its PT from $80 to $60. In its report, Benchmark writes, "OpenTable's 3Q11 Spotlight deals continued to moderate with the month of September especially soft. But Savored deals are now available in 6 major cities and...

Benchmark is out with its report today on TechTarget (NASDAQ: TTGT), reiterating Buy. In its report, Benchmark writes, "We believe TechTarget remains well positioned to grow online advertising revenue in 2H11. Channel checks indicate no significant changes in advertising budgets. In addition,...

Benchmark is out with its report today on Ceva (NASDAQ: CEVA), upgrading CEVA from Hold to Buy. In its report, Benchmark writes, "We are increasing our investment rating on shares of CEVA, Inc. from 'Hold' to 'Buy'. Due mostly to a technical breakdown in shares, combined with an overall selloff in...

Benchmark is out with its report today on Marathon Oil (NYSE: MRO), upgrading MRO from Sell to Hold. In its report, Benchmark writes, "We are raising our investment rating on Marathon Oil from SELL to HOLD due primarily to valuation related effects in the context of a modest upward revision in to...

Benchmark is out with its report today on MIPS Technologies (NASDAQ: MIPS), downgrading MIPS from Buy to Hold. In its report, Benchmark writes, "We are lowering our rating on shares of MIPS Technologies from 'Buy' to 'Hold'. There are three main points underlying our more conservative investment...

Benchmark is out with its report today on Valassis Communications (NYSE: VCI), lowering its PT from $37 to $28. In its report, Benchmark writes, "We recently held a meeting with Valassis management. We believe Valassis is experiencing mixed results in 3Q11 due to current economic conditions, with...

Benchmark is out with a research report this afternoon, where it reiterates its Buy rating on Google (NASDAQ: GOOG); it has a $700.00 price target on the stock. The Benchmark analysts cited recent channel checks and industry data, which indicates that 3Q11 search growth is comparable to 1H11....

Benchmark is out with a research report this afternoon, where it reiterates its Buy rating on Amazon.com (NASDAQ: AMZN); it has a $256.00 price target on the stock. The Benchmark analysts cited the company's recent announcement that it will be launching an Android powered tablet in November. They...

Benchmark is out with its report today on Crown Castle International (NYSE: CCI), maintaining Buy. In its report, Benchmark writes, "We view towers are attractive investments due to recurring revenue, superior operating leverage and sustained free cash flow growth. CCI is particularly attractive...

Benchmark is out with its report today on Chevron (NYSE: CVX), reaffirming Buy. In its report, Benchmark writes, "BUY rating and $123 per share target price reaffirmed on more favorable earnings outlook and on our belief that a premium normalized earnings multiple is justifiable based upon Chevron...

Benchmark is out with its report today on Yahoo! (NASDAQ: YHOO), raising its PT from $15 to $17. In its report, Benchmark writes, "We raise our price target to $17 from $15 per share due to the Alibaba Group valuation implied by last week's private-equity investment, although there remains...

Benchmark is out with its report today on Chevron (NYSE: CVX), maintaining Buy. In its report, Benchmark writes, "BUY rating and $123 per share target price reaffirmed on more favorable earnings outlook and on our belief that a premium normalized earnings multiple is justifiable based upon Chevron...

Benchmark is out with its report today on Ceradyne (NASDAQ: CRDN), reiterating Buy. In its report, Benchmark writes, "The company recently authorized a new $100 million share buyback. We continue to like Ceradyne based on its leadership in advanced materials and growth prospects in multiple...

Benchmark is out with its report today on The New York Times (NYSE: NYT), lowering its PT to $7. In its report, Benchmark writes, "The Times currently trades at 4x our 2012E EBITDA, in line with publishing peers. We believe New York Times remains the best positioned pure-play newspaper publishing...

Benchmark is out with its report today on Equinix (NASDAQ: EQIX), maintaining Buy. In its report, Benchmark writes, "Equinix operating momentum appears solid with colocation channel checks indicating sustained growth and no noticeable impact from the slowing macro economy. Colocation remains in...