quinstreet

Benchmark initiated its coverage of QuinStreet (NASDAQ: QNST) with a Hold rating and a price target of $13. In a research report published today, Benchmark states, "QuinStreet pre-announced fiscal 4Q11 (ending June) results projecting a meaningful deceleration in growth, while providing 2012...

According to a recent report, J.P. Morgan is reducing the EPS outlook for 4QFY11 and FY2012 from $0.57/$0.59 to $0.55/$0.55 on QuinStreet (NASDAQ: QNST). J.P. Morgan maintains a Neutral rating and $17.00 price target on QuinStreet. In the report, J.P. Morgan said, "Some auto insurance advertisers...

Bank of America has downgraded QuinStreet (NASDAQ: QNST) from Buy to Neutral and has lowered the price target to $16 from $24.

According to J.P. Morgan, QuinStreet (NASDAQ: QNST) reported 3Q FY'11 revenue and EBITDA of $107.7M and $23.2M, compared to consensus estimates of $109.4M and $23.1M. J.P. Morgan said that education revenue grew 26% in 3Q, an acceleration from 24% growth ex DeVry last quarter. “Growth was...

JP Morgan has raised the price target on QuinStreet (NASDAQ: QNST) from $24 to $27 and maintains its Overweight rating.