Benchmark

According to Benchmark, Sunoco (NYSE: SUN) rating is upgraded to Hold. Benchmark said that the rating is raised to HOLD on recently announced exit from refining business and related restructuring implications. “Liquidation value of Sunoco shares estimated at $37.40 per share, versus, $55.00...

Benchmark lowered its Yahoo! (NASDAQ: YHOO) price target from $18 to $15 and maintained its Yahoo! Hold rating in a research report published today. In the report, Benchmark states, "Last night, Yahoo announced CEO Carol Bartz was fired. We are not surprised given no growth, disappointing 2Q...

According to Benchmark, Travelzoo (NASDAQ: TZOO) price target is lowered to $60. Benchmark said that local deals revenue creation over the last few months has held relatively steady, pacing on track to reach our $31 million 3Q11E gross. “We maintain 2011E that Local Deals could gross $108 million...

Benchmark is out with its report today on Orbitz Worldwide (NYSE: OWW), maintaining Hold. In its report, Benchmark writes, "Orbitz stands poised to experience rebounding profit growth in 2012 as growing exposure to higher-margin international hotel bookings combine with new private label...

Benchmark has published a research report on Big Lots (NYSE: BIG) reiterating their view on the company. In the report, Benchmark wrote, "While Big Lots reported a solid Q2, and maintained the operational outlook for the core US business in the back half, with benefits to EPS through aggressive...

Benchmark has published a research report on Bio-Reference Labs (NASDAQ: BRLI). In the report, Benchmark wrote, "Revenue in F3Q11 expanded 21.6% to $148.0 million, which exceeded the $146.3 million consensus and nearly met our $148.5 million forecast. Pro-forma EPS expanded 25.6% to $0.36, which...

Benchmark has published a research report on OSI Systems Inc (NASDAQ: OSIS) In the report, Benchmark wrote, "OSIS reported solid Q4FY11 results with a slight top-line miss and a slight EPS beat. Revenue was $183 million, up 11% y/y, vs. a consensus estimate of $188 million; adjusted EPS was $0.66...

Benchmark has published a research report on Tesoro Corporation (NYSE: TSO) upgrading the stock. In the report, Benchmark wrote, "Risks to favorable share performance include the implications of anticipated declines in industry-wide refining margins and of a pending lawsuit, alleging negligence,...

Despite news of The Pantry's (NASDAQ: PTRY) CEO resigning, Benchmark is maintaining its Buy rating and its $20 price target on the stock. Says Benchmark, in its report, “The Pantry announced that Terrance M. Marks, Chief Executive Officer and Director of the Company, has informed the Board of...

Benchmark has published a research report on Big Lots (NYSE: BIG) previewing Q2 earnings. In the report, Benchmark wrote, "Given the solid balance sheet, cash flow, profitability, improving store base, and expanding customer base, which could lead to years of revenue growth, along with possible...

Benchmark has published a research report on Exxon Mobil Corporation (NYSE: XOM) lowering the price target. In the report, Benchmark wrote, "We are raising our full year 2011 and 2012 earnings estimate for ExxonMobil to $8.12 and $6.92 per share, respectively for the two periods, versus $5.98 and...

Benchmark is out with its report today on The Pantry (NASDAQ: PTRY), maintaining Buy. In its report, Benchmark writes, "We continue to believe in the turnaround strategy of this management team. Our price target is $20.00, based on 6.5x our 2011 EBITDA estimate. Given the upside to our price...

Benchmark has published a research report on Marvell Technology Group (NASDAQ: MRVL) trimming the price target. In the report, Benchmark wrote, "Following 2Q12 results, we reiterate our “Buy” rating. To account for lower peer group valuation multiples and slightly lowered EPS estimates, we are...

Benchmark has published a research report on Valero Energy Corporation (NYSE: VLO) lowering the price target. In the report, Benchmark wrote, "In the context of our unchanged expectation of declines from currently elevated levels in industry-wide refining margins, we are reducing our full year...

According to Benchmark, Travelzoo (NASDAQ: TZOO) price target is lowered to $80. Benchmark said that TZOO reported disappointing 2Q11 results. "Record headcount growth to drive rapid Local Deals market expansion and a one-time TV marketing test in the US elevated expenses, leading to EBITDA of $8...