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Microcap Nxt-ID Has Crashed, But Is There Beauty In The Rubble?
Tuesday, September 22, 2015 - 1:49pm | 356NXT-ID, Inc. (NASDAQ: NXTD) has seen a 55.84 percent decline in its share price year-to-date. Benchmark’s Daniel L. Kurnos has maintained a Speculative Buy rating and price target of $6 on the company, Although progress on achieving scale has been slower than expected, the company...
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Are There Any Winners From The Meredith-Media General Combo?
Monday, September 14, 2015 - 4:15pm | 617Research firm Benchmark recently hosted a conference in New York, featuring 20 companies within the Internet, media and entertainment verticals. While companies were very different from one another, the analysts identified two themes that prevailed throughout their talks with investors and...
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Benchmark Cuts Price Target On eBay
Thursday, January 22, 2015 - 11:12am | 287Benchmark cut its price target on eBay Inc (NASDAQ: EBAY) Thursday from $64 to $62 and maintained a Buy rating after the company posted Q4 results. Analyst Daniel L. Kurnos noted that the price target cut reflected “the weak outlook for Marketplaces and a slightly greater standalone...
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EBay Q4 Earnings Preview
Wednesday, January 21, 2015 - 2:57pm | 179eBay Inc (NASDAQ: EBAY) is scheudled to release Q4 2014 earnings after the market close on Wednesday. Analysts expect revenue of $4.93 billion with EPS of $0.89. Stifel's Scott Devitt was among the analysts who expected eBay’s EPS to match consensus. On December 8, the firm upgraded...
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The Benchmark Company Lowers Price Target On eBay Ahead Of 4Q14 Results
Tuesday, January 20, 2015 - 10:56am | 164In a report published Tuesday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating on eBay Inc (NASDAQ: EBAY), but lowered the price target from $65.00 to $64.00. In the report, The Benchmark Company noted, “eBay (EBAY-Buy, PT $64) is set to report 4Q14 results tomorrow after the...
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Confusion Over Search Policies May Be Behind Perion Network's Decline
Thursday, January 15, 2015 - 4:40pm | 235Perion Network Ltd (NASDAQ: PERI) has fallen nearly 14 percent over the past week due to mounting concerns that its revenue will be adversely impacted by changes to Google Inc's (NASDAQ: GOOG) search policy. On January 13, Perion Network CEO Yacov Kaufman commented, according to Bloomberg,...
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UPDATE: The Benchmark Company Reiterates On Perion Network Ltd. On Attractive Risk/Reward Profile
Thursday, January 15, 2015 - 10:07am | 171In a report published Thursday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating on Perion Network Ltd. (NASDAQ: PERI), but lowered the price target from $10.00 to $8.00. In the report, The Benchmark Company noted, “Shares of Perion (PERI-Buy, PT from $10 to $8) continue to...
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UPDATE: The Benchmark Company Reiterates On InterNAP Network Services Following Strong 3Q14 Results
Thursday, October 30, 2014 - 9:41am | 228In a report published Thursday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating on InterNAP Network Services (NASDAQ: INAP), and raised the price target from $11.00 to $12.00. In the report, The Benchmark Company noted, “InterNAP (INAP-Buy, PT from $11 to $12) reported strong...
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UPDATE: The Benchmark Company Reiterates On 1-800-Flowers.com As Upside Is Still Left
Monday, October 6, 2014 - 9:20am | 240In a report published Monday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating on 1-800-Flowers.com (NASDAQ: FLWS), and raised the price target from $7.00 to $10.00. In the report, The Benchmark Company noted, “Shares of 1-800-Flowers.com (FLWS-Buy) continue to rally following...
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UPDATE: The Benchmark Company Reiterates On Blucora As Recovery Will Likely Be Slow
Friday, August 8, 2014 - 10:02am | 211In a report published Friday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating on Blucora (NASDAQ: BCOR), but lowered the price target from $28.00 to $27.00. In the report, The Benchmark Company noted, “Blucora (BCOR-Buy, PT from $28 to $27) reported slightly better-than-...
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The Benchmark Company Sees Investment Opportunity For eBay
Monday, June 23, 2014 - 10:03am | 164In a report published Monday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating and $68.00 price target on eBay (NASDAQ: EBAY). In the report, The Benchmark Company noted, “Shares of eBay (EBAY-Buy, PT $68) recently reached a 52-week low following several negative headlines,...
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The Benchmark Company Sees Potential Upside Driver For Blucora
Tuesday, June 3, 2014 - 10:31am | 136In a report published Tuesday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating and $29.00 price target on Blucora (NASDAQ: BCOR). In the report, The Benchmark Company noted, “We recently spoke with Blucora (BCOR-Buy, PT $29) management at Benchmark's 1-on-1 investor...
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The Benchmark Company Realigns Estimates for IAC/InterActiveCorp Under New Segmentation
Tuesday, April 29, 2014 - 10:35am | 132In a report published Tuesday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating and $77.00 price target on IAC/InterActiveCorp (NASDAQ: IACI). In the report, The Benchmark Company noted, “Shares of IAC (IACI-Buy, PT $77) have finally succumbed to the broader momentum selling...
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The Benchmark Company Sees Amazon.com as Primed for Long-Term Success
Friday, April 25, 2014 - 10:19am | 169In a report published Friday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating and $500.00 price target on Amazon.com (NASDAQ: AMZN). In the report, The Benchmark Company noted, “Amazon (AMZN-Buy, PT $500) reported better-than-expected revenue of $19.7 billion, up 26% y/y vs...
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UPDATE: The Benchmark Company Reiterates on Travelzoo as Product Headwinds Drive 1Q14 Miss
Monday, April 21, 2014 - 8:44am | 193In a report published Monday, The Benchmark Company analyst Daniel L. Kurnos reiterated a Hold rating on Travelzoo (NASDAQ: TZOO), but lowered the price target from $25.00 to $20.00. In the report, The Benchmark Company noted, “Travelzoo (TZOO-Hold) reported disappointing 1Q14 results, with...