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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...
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UPDATE: Benchmark Downgrades The Pantry, Comps Expected to Improve
Friday, December 27, 2013 - 11:09am | 206In a report published Friday, Benchmark analyst Ronald Bookbinder downgraded The Pantry, Inc. (NASDAQ: PNTY) from Buy to Hold, based on limited upside to its target price of $18.00. According to the report, the shares are believed to be close to fully valued as the 57.8% rally in share price...
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UPDATE: Benchmark Lowers PT on Groupon After 3Q Results
Friday, November 9, 2012 - 9:27am | 276Benchmark published a report Friday on Groupon (NASDAQ: GRPN) after the company reported weak 3Q results that were the result of declines in Daily Deals and third party business. As a result, the firm lowered the price target on Groupon shares from $7 to $4 per share and maintained its Hold rating...
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UPDATE: Benchmark Downgrades Healthcare Services Group to Hold on Valuation
Tuesday, October 2, 2012 - 12:51pm | 101The Benchmark Company reduced its rating on Healthcare Services Group (NASDAQ: HCSG) from Buy to Hold with a reiterated $23.50 price target. The Benchmark Company stated, "Our downgrade is based purely on valuation as HCSG hit our target price of $23.50. Our target price of $23.50 represents...
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UPDATE: Benchmark Raises PT on eBay to $58
Thursday, September 20, 2012 - 9:11am | 149The Benchmark Company has published a research report on eBay (NASDAQ: EBAY) and has raised its price target from $50 to $58 based on the company's Ecommerce improvements. In the report, Benchmark wrote, "We believe eBay stands well positioned to capitalize on near-term opportunities across its...
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UPDATE: Benchmark Reiterates Buy on Crown Castle International; Raises PT from $63 to $70
Thursday, July 26, 2012 - 7:52am | 105Benchmark reiterated a Buy rating on Crown Castle International (NYSE: CCI) and raised its price target from $63 to $70. Benchmark commented, “Crown Castle (CCI) reported strong 2Q12 results and raised FY12 guidance. While some of the guidance increase is due to noncash revenue from a new...
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UPDATE: Benchmark Reiterates Buy on InterActiveCorp, $59 PT
Tuesday, July 24, 2012 - 9:25am | 79Benchmark reiterated a Buy rating on InterActiveCorp (NASDAQ: IACI) and a price target of $59. Benchmark noted, “We anticipate IAC will report strong 2Q12 results tomorrow morning, July 25. Our estimates are above consensus as we believe momentum within Search and Match is sustainable. IAC trades...
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UPDATE: Benchmark Reiterates Buy Rating on DigitalGlobe
Tuesday, July 24, 2012 - 9:24am | 96Benchmark reiterated a Buy rating on DigitalGlobe (NYSE: DGI) and a price target of $24. Benchmark wrote, “Yesterday DigitalGlobe and GeoEye announced that both boards have approved a definitive merger agreement under which DigitalGlobe will pay GeoEye shareholders $20.27 per share in a...
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UPDATE: Benchmark Reiterates Hold on TripAdvisor
Friday, July 20, 2012 - 9:57am | 119Benchmark reiterated a Hold rating on TripAdvisor (NASDAQ: TRIP) with a price target of $39. Benchmark noted, "TripAdvisor is scheduled to report 2Q12 results Tuesday, July 24 after the stock market close. We anticipate revenue growth of 20% y/y with lower than anticipated sales and marketing (S...
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UPDATE: Benchmark Reiterates Hold Rating on Yahoo!
Wednesday, July 18, 2012 - 8:38am | 100Benchmark reiterated a Hold rating and a price target of $17 on Yahoo! (NASDAQ: YHOO). Benchmark commented, “Yahoo reported net revenue of $1.08 billion, flat y/y and EBITDA of $394 million, down 8% y/y. Display was up only 1% as industry performance slowed during the quarter. Yahoo had previously...
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Benchmark Company Reiterates Buy Rating, $6 PT on Cincinnati Bell
Friday, July 13, 2012 - 12:06pm | 116In a company update published Friday, the Benchmark Company reiterated its Buy rating and $6.00 price target on Cincinnati Bell (NYSE: CBB). Benchmark noted, “Cincinnati Bell (CBB) is pursuing an IPO of its data center subsidiary, CyrusOne. We think it is likely the initial S-11 filing will be...
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The Benchmark Co.Reiterates AeroVironment Buy
Friday, July 6, 2012 - 7:42am | 99The Benchmark Company reiterated its AeroVironment (NASDAQ: AVAV) Buy rating in a research report published today. Benchmark has a $38 price target on the company. In the report, Benchmark stated, "Valuation remains compelling based on AV's double-digit, long-term growth prospects from a portfolio...