gsi commerce

Goldman Sachs is out with its report today on GSI Commerce (NASDAQ: GSIC), raising its price target from $25 to $27. In a note to clients, Goldman Sachs writes, "We raise our 2011E/2012E EPS by 7%-10% to $0.86/$1.22 (vs. $0.81/$1.11 prior), to reflect 2011 guidance, the transition of Sports...

Piper Jaffray has raised the price target on GSI Commerce, Inc. (NASDAQ: GSIC) from $31 to $34 and maintains its Overweight rating.

Benchmark is out with its report today on GSI Commerce (NASDAQ: GSIC), previewing GSIC's Q4 10 earnings. In a note to clients, Benchmark writes, "GSI Commerce is set to report 4Q10 results on Wednesday, February 9, after the market closes. We estimate total revenue may be $539 million, up 25% y/y,...

Piper Jaffray has upgraded GSI Commerce (NASDAQ: GSIC) from Neutral to Overweight and has raised the price target from $25 to $31.

Benchmark has upgraded GSI Commerce (NASDAQ: GSIC) from Hold to Buy in its latest research report. In the report, Benchmark writes "Holiday ecommerce sales are off to a faster than expected start with the season to date up 12% y/y. We raised our domestic non-travel ecommerce spending estimate for...

Benchmark has published a research report on GSI Commerce (NASDAQ: GSIC) after the company reported 3Q results that exceeded expectations, albeit slightly. In the report, Benchmark writes "Management offered 4Q10 revenue guidance of $529 million, up 23% y/y, matching consensus. Adjusted EBITDA...

Benchmark reports that GSI Commerce, Inc. (NASDAQ: GSIC) faces a challenging retail environment heading into the holiday season, including significant couponing and muted consumer spending, which could hinder comparable-store growth in its core ecommerce business, offset by new partner growth and a...

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...