Benchmark

Benchmark has reported today that its channel checks indicate that 3Q10 display advertising rates have softened slightly for Yahoo! Inc. (NASDAQ: YHOO) from the 10% y/y improvement seen in 1H10. “The month of July was somewhat disappointing but August seems to have come back a bit,” Benchmark...

Benchmark has published a research report on Amazon.com (NASDAQ: AMZN) and has downgraded the company to Hold. In the report, Benchmark writes "We lower our rating on Amazon (AMZN-PT$165) from Buy to Hold because we believe the 25% run-up in its share price since August 31 versus a 14% gain for the...

Benchmark has downgraded the Internet sector from Overweight to Market Weight and core internet holdings currently are believed to be Expedia (NASDAQ: EXPE), Google (NASDAQ: GOOG) and Priceline.com (NASDAQ: PCLN). In the report, Benchmark writes "The Internet Holdings Company Depositary Receipts...

The Benchmark Company has downgraded Ceva (NASDAQ: CEVA) from Buy to Hold.

The Benchmark Company has initiated coverage for Columbia Labs (NASDAQ: CBRX) at Buy with a $3 price target.

The Benchmark Company has downgraded ICx Technologies Inc. (NASDAQ: ICXT) from Buy to Hold and has also decreased the price target from $10 to $7.50.

Benchmark has published a research report on AOL Inc. (NYSE: AOL) after downgrading AOL from Buy to Hold. In the report, Benchmark writes "We downgrade AOL from Buy to Hold. We believe AOL's current valuation more fairly reflects its advertising properties, but uncertainty about turning-around the...

The Benchmark Company has lowered the price target for The New York Times Company (NYSE: NYT) from $11 to $9 and has reiterates its Buy rating. The New York Times Company closed yesterday at $7.76.

Vitacost.com (NASDAQ: VITC) has been downgraded to Hold (from Buy) and had its price target decreased to $8 (from $10) by Benchmark because of "continued heavy promotional activity during 3Q10 according to [our] channel checks. [We] fear that coupon, discount and free shipping offers could crimp...

Analysts at Benchmark downgrade Vitacost.com (NASDAQ: VITC) from "buy" to "hold." VITC's shares surged 14.92% to close at $7.08 yesterday. More Analyst Ratings here

After the close of trading last Friday, InfoSpace (NASDAQ: INSP) announced, through an 8-k filing, that it had settled a lawsuit and will receive a gross amount of $26.65 million. According to Benchmark, valuation support for InfoSpace's stock is rising as it maintains a Buy rating. InfoSpace...

InfoSpace, Inc. (NASDAQ: INSP) announced Friday after market close that it settled a lawsuit and will receive $26.65M, reducing SG&A expenses by $1M quarterly, Benchmark reports. InfoSpace currently has $6.30/share in cash, no debt, and positive cash flow, according to Benchmark. Added cash...

Terremark Worldwide, Inc. (NASDAQ: TMRK) is having its FY2012 estimates for revenue and EBITDA raised by Benchmark to reflect increasing comfort with co-location demands, and has increased the price target to $11 (from $9). Benchmark's FY2011 estimates remain unchanged at $100M (up 27% y/y) and for...

Analysts at Benchmark maintain their "hold" rating on Marchex Inc (NASDAQ: MCHX). The target price for MCHX is set to $4. According to Benchmark, “Marchex reported 2Q10 results with revenue and cash flow slightly ahead of our expectations, due in-part to lower payments to AT&T. Excluding AT...

Analysts at Benchmark maintain their "hold" rating on ValueClick Inc (NASDAQ: VCLK). The target price for VCLK has been raised from $10 to $11. According to Benchmark, “ValueClick reported decent 2Q10 results and provided modestly better than expected 3Q10 guidance. Surprisingly, an improvement in...