Benchmark

Analysts at Benchmark reiterate their "hold" rating on Vitacost (NASDAQ: VITC). The target price for VITC is set to $10. VITC is currently battling with its largest shareholder, Great Hill Partners for control of its Board of Directors. According to Benchmark, “The Boston-based investment firm...

Analysts at Benchmark reiterate their "buy" rating on Priceline.com Inc (NASDAQ: PCLN), while reducing their estimates for the company. The target price for PCLN is set to $287. PCLN has reported in-line Q1 results driven by 53% y/y jump in gross bookings. The company reported an increase in...

Analysts at Benchmark reiterate their "buy" rating on InfoSpace (NASDAQ: INSP). The target price for INSP has been reduced from $13 to $12. INSP has posted its Q1 results inline with expectations. InfoSpace has announced the purchase of Make the Web Better (MWB), its largest distribution partner,...

Benchmark has lowered its price target for Lamar Advertising Company (NASDAQ: LAMR) from $30 to $27. The company reported fourth-quarter revenue of $262 million, down 6% on year-over-year basis. It reported a fourth-quarter loss of $0.22 per share, compared with consensus estimate of a loss of $0....

Analysts at Benchmark maintain their "buy" rating on Viacom Inc (NYSE: VIA.B). The target price for VIA.B is set to $36. VIA.B is likely to post positive revenue growth in over a year due to a recovery in advertising demand. According to Benchmark, “Sales of Rock Band are expected to remain muted,...

Analysts at Benchmark maintain their "buy" rating on Expedia Inc (NASDAQ: EXPE). The target price for EXPE is set to $31. Benchmark expects EXPE to post “17% y/y bookings growth in 2Q10 leading to 11% y/y revenue growth” when it reports results on April 29. Expedia’s adjusted 2Q10 EPS could come at...

Analysts at Benchmark maintain their "buy" rating on Equinix (NASDAQ: EQIX). The target price for EQIX is set to $120. EQIX has finally received approval from the DoJ and the FTC to acquire Switch & Data Facilities (NASDAQ: SDXC). According to Benchmark, Equinix had first announced this $700...

Analyst Josephine Millward at Benchmark has raised the 12-month price target for FLIR Systems, Inc. (NASDAQ: FLIR) from $32 to $36 to reflect improved bookings and upside in the second-half of this year, and in 2011. Benchmark believes that the stock should trade at a premium to the sector based on...

Analysts at Benchmark maintain their "hold" rating on Yahoo! Inc (NASDAQ: YHOO). The target price for YHOO is set to $18. According to Benchmark, Yahoo’s quarterly operating results were weak. While YHOO’s O&O display revenues rose 20% y/y, search declined 14%. Both revenues and search fell...

Analysts at Benchmark maintain their "buy" rating on Amazon.com Inc (NASDAQ: AMZN). The target price for AMZN is set to $157. Amazon.com will announce its 1Q10 earnings on April 22. Benchmark believes that “positive momentum in consumer spending through both the online and offline channels, as...

Analysts at Benchmark maintain their "hold" rating on eBay Inc (NASDAQ: EBAY). The target price for EBAY is set to $27. eBay is set to announce its 1Q10 results after the market closes. According to Benchmark, “eBay should benefit from a recovering economy as ecommerce growth accelerates and...

Analysts at Benchmark maintain their "buy" rating on Priceline.com Inc (NASDAQ: PCLN). The target price for PCLN is set to $287. Priceline has announced the pricing of $500 million in convertible notes. This would provide PCLN access to a cheap capital source. According to Benchmark, “The...

Analysts Clayton F. Moran, Fredrick W. Moran and James T. Dobson at Benchmark have released an update on Google Inc. (NASDAQ: GOOG). Google reported its first-quarter results after market close yesterday. The results came in slightly ahead of expectations. The company reported a 24% increase in...

Analysts at Benchmark maintain their "hold" rating on Yahoo! Inc (NASDAQ: YHOO). The target price for YHOO is set to $18. Yahoo, which is due to report its Q1 results on Tuesday, is expected to post robust owned & operated (O&O) display results, with net revenues rising by 2% to $1.2...