Benchmark

Benchmark is out with its report today on CBS (NYSE: CBS), lowering its PT from $33 to $27. In its report, Benchmark writes, "CBS stock trades at 5x our 2012E EBITDA compared with diversified media peers at 6x and Broadcast peers at 5x. Given CBS' strong ratings, primetime slate, superior growth...

Benchmark is out with its report today on Marchex (NASDAQ: MCHX), raising its PT from $6 to $9. In its report, Benchmark writes, "Marchex is a digital advertising company, focusing on call advertising. Digital advertising's two biggest determinates are scale and quality. Marchex is solving for...

Benchmark is out with its report today on Analogic (NASDAQ: ALOG), reiterating Buy. In its report, Benchmark writes, "Increase our FY12 estimates and reiterate our BUY. We increase our FY12 revenue estimate by $15 million to $508 million, representing 7% growth y/y. We increase our EPS by $0.12 to...

Benchmark is out with its report today on Progress Software (NASDAQ: PRGS), maintaining Buy. In its report, Benchmark writes, "We maintain our Buy rating and price target of $25. At a price of $19.25, PRGS's stock trades under 12x our $1.63 FY12 EPS estimate, which is near the bottom of the...

Benchmark is out with its report today on Murphy Oil (NYSE: MUR), maintaining Hold. In its report, Benchmark writes, "HOLD rating reaffirmed notwithstanding favorable net asset value relationship given unfavorable, relative cash flow multiple valuation and potential disappointment versus...

Benchmark is out with its report today on Coinstar (NASDAQ: CSTR), maintaining Buy. In its report, Benchmark writes, "While we have maintained our estimates of $3.12 for FY 2011, and $3.81 for FY 2012, we believe this could provide upside potential. We maintain our $70 price target, based on 23x...

Benchmark is out with its report today on Amazon.com (NASDAQ: AMZN), maintaining Buy on AMZN. In its report, Benchmark writes, "Amazon's stock trades at 60x our 2012E EPS and 26x our 2012E OIBDA compared with our ecommerce peer group averages at 21x 2012E EPS and 11x 2012E OIBDA. Using a PEG ratio...

Benchmark is out with its report today on Moody's (NYSE: MCO), downgrading MCO from Buy to Hold. In its report, Benchmark writes, "Due to the turbulent financial market conditions, bond issuance in the US and Europe has declined sharply in 3Q11, below already low expectations. As a result, we are...

Benchmark is out with its report today on Blue Nile (NASDAQ: NILE), maintaining Hold. In its report, Benchmark writes, "Blue Nile may experience ongoing pressure from rising diamond prices and moderating consumer demand. Domestic ecommerce spending has moderated to 10% growth y/y likely reflecting...

Benchmark is out with its report today on The McGraw-Hill Companies (NYSE: MHP), raising its PT from $41 to $43. In its report, Benchmark writes, "While we have a positive view of the pending breakup of McGraw-Hill, we believe the near term earnings outlook has deteriorated, the result of a sharp...

Benchmark is out with its report today on ConocoPhillips (NYSE: COP), lowering its PT from $62 to $53. In its report, Benchmark writes, "Fair value target price lowered to $53 from $62 reflecting lower industry segment market valuations and the unfavorable impact of increased downstream company...

Benchmark is out with its report today on Saba Software (NASDAQ: SABA), reiterating Hold. In its report, Benchmark writes, "We reiterate our Hold rating. While we're incrementally more positive on the story given the 27% decline in the stock since July 21, we remain cautious on SABA's shares until...

Benchmark is out with its report today on Google (NASDAQ: GOOG), maintaining Buy. In its report, Benchmark writes, "Channel checks and industry data indicate that 3Q11 search growth is comparable to 1H11. Macroeconomic slowing has not impacted the search advertising industry yet. Google trends are...

Benchmark is out with its report today on PriceSmart (NASDAQ: PSMT), raising its PT from $70 to $87. In its report, Benchmark writes, "We increased our 2012 EPS estimate to $2.71, from $2.45, still with possible upside. For 2012, we increased our comp estimate to up 10%, from a very conservative...

According to Benchmark, Cincinnati Bell (NYSE: CBB) coverage is initiated with a Buy rating. Benchmark said that it initiates coverage of Cincinnati Bell (CBB) with a Buy rating and $5 per share price target. “CBB is investing cash flow from its steady telecom businesses into faster growing and...