Terremark Worldwide

Piper Jaffray is discontinuing its coverage on Terremark Worldwide (NASDAQ: TMRK), after Verizon Wireless (NYSE: VZ) closed its acquisition of TMRK. Shares of VZ closed Monday at $37.85, up 0.34% from Friday's close.

According to Benchmark, Terremark Worldwide (NASDAQ: TMRK) downgraded to Hold with sale pending. Benchmark reported that it downgraded Terremark from Buy to Hold. “Verizon's $19 per share tender offer commenced on February 10 with 28% of TMRK's stock pledging acceptance. A competing bidder appears...

Piper Jaffray has downgraded Terremark Worldwide (NASDAQ: TMRK) from Overweight to Neutral and has raised the price target from $12 to $19.

Benchmark has published a research report on Terremark Worldwide, Inc. (NASDAQ: TMRK) after Benchmark visited the company's Miami facility. In the report, Benchmark writes "Yesterday, we visited with Terremark and toured the Miami facility. The Miami site is filling up and may be underappreciated...

Deutsche Bank has increased its price target on Terremark Worldwide (NASDAQ: TMRK) from $12 to $14. In a note to clients, Deutsche Bank writes, "We came away from our meetings with Terremark at our Media & Telecom Conference incrementally more positive on Terremark's growth potential as the...

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...

Terremark Worldwide, Inc. (NASDAQ: TMRK) has been downgraded by Wells Fargo to "market perform". Wells Fargo still believes that trends in the data center/managed hosting space remain strong, but discounts being offered on larger deals could pressure revenue per square foot. Terremark did however...

Shares of Terremark Worldwide, Inc. (Nasdaq: TMRK) are up 2% today to $7.35, after Benchmark initiated coverage with a Buy rating and a price target of $8.50. Terremark Worldwide manages data centers in the U.S., Latin America and Europe. The stock's 52 week range is $1.85 to $8.98.