Benchmark

Benchmark is out with its report today on STAAR Surgical Corporation (NASADAQ: STAA), lowering its PT from $10 to $9. In a note to clients, Benchmark writes, "Our one-year $9.00 price target is the sum of our $6.00 value of the base business without the U.S. Toric opportunity plus and the $3.00...

Benchmark has published a research report on OpenTable (NASDAQ: OPEN) as the company's spotlight momentum appears to be slowing down. In the report, Benchmark writes "We are expecting OpenTable's organic revenue growth rate to flatten in 2011 at an impressive 44%. But 9 percentage points of our...

Benchmark is out with its report today on Chevron (NYSE: CVX), reaffirming its Buy rating. In a note to clients, Benchmark writes, "We reaffirm our Buy rating on Chevron shares based upon our belief that the 10% normalized earnings multiple valuation discount, currently in place versus the peer...

Benchmark has released a report in which the Price Target of The McGraw-Hill Companies, Inc. (NYSE: MHP) is raised to $41.00. Benchmark writes, "We maintain our Hold rating on McGraw-Hill and previous EPS estimates, but raise our price target to $41 using a market multiple of EPS (14x). While the...

In a report published by Benchmark, Yahoo!'s (NASDAQ: YHOO) is raised to $18 on Asian growth. Benchmark said that Yahoo's revenue growth remains stalled. “But it is consistently generating, and should grow, cash flow. Yahoo's Asian investments are growing rapidly and comparables garner high...

Benchmark has initiated coverage of Iconix Brand Group (NASDAQ: ICON) with a Buy Rating and a $25 PT. According to the report, "We contend that the shares have upside potential given the Company's growth opportunities through acquisitions, international expansion, and domestic organic growth. We...

Benchmark has issued a report on the acquisition of Optichron by NetLogic Micro (NASDAQ: NETL). According to the report, "Netlogic is paying $77 million in cash for Optichron. Assuming Optichron can achieve significant financial milestones by 2012, the purchase price could rise by another $121...

Benchmark has raised the Price Target of Yahoo from $16 to $18. According to Benchmark, "Yahoo's revenue growth remains stalled. But it is consistently generating, and should grow, cash flow. Yahoo's Asian investments are growing rapidly and comparables garner high multiples. We raise our estimate...

Benchmark has raised the price target on Yahoo! (NASDAQ: YHOO) from $16 to $18 and maintains its Hold rating.

AT&T (NYSE: T) and Deutsche Telekom announced that AT&T is buying T-Mobile USA for $39 billion, Benchmark reports. “This is bad news for tower companies as it would likely lead to cell site decommissioning and possibly lower future demand, with three major wireless carriers rather than four...

Benchmark has reported on its findings from Harris Corporation's (NYSE: HRS) Analyst Day last week. According to the report, "We attended Harris' Analyst Day last week and walked away impressed with its strategy and optimistic about the future. Management addressed concerns about a fall off in US...

Benchmark has issued a report reiterating Perry Ellis International, Inc.'s (NASDAQ: PERY) Buy Rating. According to Benchmark, "Revenues increased on solid growth of the core Perry Ellis men's apparel, and continued strength in the Hispanic and Golf segments. We maintained our FY12 estimate, and...

Benchmark has reported on Ceradyne's (NASDAQ: CRDN) FY11 outlook after a helmet testing issue. According to Benchmark, "Some of Ceradyne's Enhanced Combat Helmets (ECH) failed the military's First Article Test (FAT), according to an article on military.com on Friday. We believe this testing issue...

On March 16, Benchmark hosted Bio-Reference Laboratories Inc.'s (NASDAQ: BRLI) management on investor meetings in Minneapolis. “We believe strong trends will continue in F2011, unimpeded by the unfavorable weather that suppressed F1Q revenue and impacted EPS approximately $0.03,” Benchmark writes...

Benchmark is out with its report today on LIN Television Corporation (NYSE: TVL), commenting on TVL's Q4 10 earnings. In a note to clients, Benchmark writes, "LIN TV reported better-than-expected 4Q10 results. Net revenue was $125 million, well above our estimate of $121 million and guidance of $...