savvis

Benchmark downgraded its rating on Savvis (NASDAQ: SVVS) from Buy to Hold. At the same time, Benchmark reduced its price target on the company's stock from $45 to $40. On Monday, Savvis added 0.13% to its value to finish the day at $39.59. Its shares retreated in today's pre-market trading, however...

Benchmark has raised the price target on Savvis, Inc. (NASDAQ: SVVS) from $40 to $45 and maintains its Buy rating.

Benchmark is out with its report today on Savvis (NASDAQ: SVVS), maintaining Buy and a $40 PT. In a note to clients, Benchmark writes, "Yesterday morning, Savvis reported strong 4Q results that were better than expectations. Growth in the strategic managed and cloud hosting segment was solid. In...

Benchmark has published a research report on Savvis, Inc. (NASDAQ: SVVS) and has upgraded the company to Buy from Hold. In the report, Benchmark writes "We increase our rating from Hold to Buy given sustained positive operating momentum, a solid industry outlook and relatively inexpensive valuation...

Goldman Sachs reports that SAVVIS, Inc.'s (NASDAQ: SVVS) 2011 guidance is inline with expectations. “At the outset of the analyst day, Savvis set 2011 expectations that were in line with our expectations,” Goldman Sachs writes. “Total revenue guidance of $1,030 mn-$1,060 mn is comparable to our...

Benchmark has published a research report on SAVVIS, Inc. (NASDAQ: SVVS) after the company hosted its analyst day in St. Louis yesterday. In the report, Benchmark writes "Savvis noted that 3Q10 churn was down to 1.5% from 1.9% a year ago. Improved churn is due to less exposure to large digital...

In a report released this morning, Oppenheimer said that at the Light Reading's Ethernet Expo in New York, highlights included how advanced networking technologies are driving a number of key trends in the Internet Services industry. “Importantly, the ongoing enterprise adoption of cloud computing...

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...