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What's Up With Roblox? Benchmark Analyst Weighs In
Thursday, February 16, 2023 - 11:42am | 474Roblox Corp (NYSE: RBLX) on Wednesday issued its fourth-quarter results for the fiscal year 2022, stirring up positive analyst chatter at Benchmark by showing impressive growth in key areas. By The Numbers: The online gaming platform reported a 17% year-on-year increase in Bookings, reaching $899.4...
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KushCo Plans To Pay Down Debt After Raising $40M Via Direct Offering
Monday, February 22, 2021 - 1:15pm | 169KushCo Holdings Inc. (OTCQX: KSHB) has raised $40 million via a registered direct offering. The cannabis-focused ancillary products and services provider signed agreements with investors for the sale of 24.24 million shares valued at $0.001 per share and warrants to buy up to 9.7 million shares at...
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Expert: Predicted 37% Pop In TV Retransmission Fees A 'Natural Righting Of The Ship'
Saturday, July 29, 2017 - 9:54am | 1359Telecom stocks started to release earnings this week with AT&T Inc. (NYSE: T) and Comcast Corporation (NASDAQ: CMCSA), and many investors are on the watch for changes to retransmission fees. The charges have been trending upward as broadcasters demand more and more from cable...
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Prime Day Ushers In A $165 Price Target Boost For Amazon
Wednesday, July 13, 2016 - 9:50am | 331Amazon.com, Inc. (NASDAQ: AMZN) shares continue to reach record highs, driven by what Benchmark’s Daniel L. Kurnos expects was “another record Prime Day.” Kurnos maintains a Buy rating on the company, while raising the price target from $750 to $915. Record Prime Day “...
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Seeing 'Faint Signs Of A Turnaround' At Travelzoo
Friday, February 12, 2016 - 9:15am | 312The share price of Travelzoo Inc. (NASDAQ: TZOO) has declined 14.22 percent year-to-date, almost touching its 52-week low on Thursday at $6.68. Benchmark’s Daniel L. Kurnos has maintained a Hold rating on the company, while lowering the price target from $11 to $8. Although the...
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Does Zillow Have Big Upside? This Analyst Feels ListHub Fears Are Overblown
Thursday, March 26, 2015 - 2:58pm | 705On March 26, The Benchmark Company released a bullish note, "ListHub Fears Overblown, Synergistic Opportunities Underappreciated," on online real estate portal Zillow Group Inc (NYSE: Z). The backdrop of the report is that a judge had ruled earlier that Realtor.com's ListHub...
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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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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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Amazon Analyst Roundup Following Q3 Earnings
Saturday, October 25, 2014 - 11:05am | 247On October 23, Amazon.com, Inc. (NASDAQ: AMZN) announced third quarter 2014 financial results. Amazon reported EPS of $(0.95) per share missing estimates by $0.22 per share or 30 percent. Revenue also missed Street estimates by $260 million, coming in at $20.58 billion. Following the results,...
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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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The Benchmark Company Sees Xenotis Acquisition As Good For LeMaitre Vascular
Tuesday, August 19, 2014 - 9:57am | 139In a report published Tuesday, The Benchmark Company analyst Jan Wald reiterated a Buy rating and $11.00 price target on LeMaitre Vascular (NASDAQ: LMAT). In the report, The Benchmark Company noted, “LeMaitre Vascular, a Buy rated stock with an $11 price target announced the acquisition today,...
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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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UPDATE: The Benchmark Company Downgrades Susser Petroleum Partners LP On Valuation
Wednesday, June 4, 2014 - 10:35am | 294In a report published Wednesday, The Benchmark Company analyst Ronald Bookbinder downgraded the rating on Susser Petroleum Partners LP (NYSE: SUSP) from Buy to Hold, but reiterated the $47.00 price target. In the report, The Benchmark Company noted, “We have downgraded shares of Susser Petroleum...