Benchmark

Benchmark made a number of updates in a research report published today. Marathon Oil (NYSE: MRO) had its rating reiterated at Sell. At the same time, its price target was reduced to $23. On Wednesday, Marathon Oil lost 3.7% of its value to end the day at $32.81. Its shares rebounded in today's...

Benchmark reiterated its Sell rating on Marathon Oil (NYSE: MRO). At the same time, the rating agency reduced its price target on the company's stock to $23. On Wednesday, Marathon Oil lost 3.7% of its value to end the day at $32.81. Its shares regained some of yesterday's losses in today's pre-...

Benchmark reiterated its Hold rating on OCZ Technology Group (NYSE: OCZ). At the moment, Benchmark does not have a price target placed on the company's stock. On Wednesday, OCZ added 1.83% to its value to finish the day at $8.34. Its shares continued to climb higher in today's pre-market trading,...

Benchmark is raising its normalized ($70 per barrel, $6.00 per Mcf) net asset value per share estimate for Devon Energy (NYSE: DVN) by $2.25 “to approximately $149 based upon an increase in our valuation of the Company's high quality in-situ oil sands assets.” Devon Energy closed Tuesday at $79.31.

Benchmark reiterated its Buy rating on Big Lots (NYSE: BIG). At the same time, the rating agency left its price target on the company's stock unchanged at $45. On Tuesday, Big Lots lost 1.71% of its value to end the day at $33.38.

Benchmark reiterated its Buy rating on Ansys (NASDAQ: ANSS). At the moment, Benchmark has a price target of $60 placed on the company's stock. On Thursday, Ansys lost 0.56% of its value to finish the day at $54.67.

Benchmark reiterated its Buy rating on Netlogic Microsystems (NASDAQ: NETL). At the same time, Benchmark left its price target on the company's stock unchanged at $45. On Thursday, Netlogic added 0.42% to its value to end the day at $40.42. Its shares lost all of yesterday's gains in today's pre-...

Benchmark is out with its report today on Priceline.com (NASDAQ: PCLN), reiterating Buy. In a note to clients, Benchmark writes, "We reiterate our Buy rating on Priceline as hotel demand metrics rallied in May, especially overseas, after April experienced a marginal residual impact from the...

Benchmark reiterated its Buy rating on Progress Software (NASDAQ: PRGS). At the same time, the rating agency left its price target on the company's stock unchanged at $31. On Tuesday, Progress added 0.17% to its value to end the day at $23.28. Its shares slumped in today's pre-market trading,...

Benchmark initiated its coverage of OCZ Technology Group (NYSE: OCZ) with a Hold rating. At the moment, Benchmark does not have a price target placed on the company's stock. On Tuesday, OCZ added 2.33% to its value to finish the day at $8.34.

Duncan Williams upgraded its rating on Rowan Companies (NYSE: RDC) to Strong Buy from Buy. At the same time, the rating agency raised its price target on the company's stock from $46.50 to $50.25. On Monday, Rowan added 0.47% to its value to end the day at $36.09.

Benchmark downgraded its rating on Savvis (NASDAQ: SVVS) from Buy to Hold. At the same time, Benchmark reduced its price target on the company's stock from $45 to $40. On Monday, Savvis added 0.13% to its value to finish the day at $39.59. Its shares retreated in today's pre-market trading, however...

Benchmark reiterated its Buy rating on Equinix (NASDAQ: EQIX). At the moment, Benchmark has a price target of $115 placed on the company's stock. On Monday, Equinix lost 0.07% of its value to close the day at $98.85.

Benchmark reiterated its Buy rating on iRobot Corporation (NASDAQ: IRBT). At the moment, Benchmark has a price target of $40 placed on the company's stock. On Friday, iRobot ended the week at $32.80.

Benchmark is out with its report today on Yahoo! (NASDAQ: YHOO), maintaining Hold. In a note to clients, Benchmark writes, "Yahoo's weak performance in search appears like it is being exacerbated by a sequential slowing in industry growth, and quality initiatives at Bing. Facebook and other...