Benchmark Capital

Benchmark Capital is lowering its price target on shares of AOL (NYSE: AOL) on the news the company has acquired The Huffington Post today. It cut the price target to $24, and is keeping its Hold rating. In a note to clients, Benchmark writes, "AOL announced another acquisition, by far the...

Viacom (NYSE: VIA-B) is set to report F1Q11 earnings on Thursday, February 3. Recovering advertising demand in conjunction with strong ratings at MTV could help drive double-digit Media Networks revenue growth and total revenue growth of 8% y/y. OIBDA may fall 6% y/y, facing the most difficult...

Time Warner (NYSE: TWX) is set to report earnings on Wednesday, February 2. Time Warner should benefit from the accelerating advertising recovery which is likely to help sustain high-single digit growth in Networks revenues. Benchmark Capital believes that concerns regarding subscriber declines,...

Benchmark Capital is upgrading shares of Rackspace Hosting, Inc. (NYSE: RAX) to Buy, and the price target goes to $40 from $29. In a note to clients, Benchmark writes, "We upgrade Rackspace from Hold to Buy as its managed hosting and cloud product set appears increasingly strategic to large, deep-...

Benchmark Capital has a research note on SAVVIS, Inc. (NASDAQ: SVVS) after the company issued 2011 guidance. It has a $27 price target and a Hold rating on shares. In a note sent to investors, Benchmark writes, "Savvis (SVVS, Hold) issued 2011 guidance today that encompassed existing street...

Benchmark Capital is out with a research report on Vitacost.com, Inc. (NASDAQ: VITC) as the company said it's financial statements should not be relied upon. It had a Hold rating and a $6 price target on shares. In a note to investors Benchmark writes, "Vitacost's operational and financial...

Benchmark Capital is raising its target on ValueClick, Inc. (NASDAQ: VCLK) to $18 from $16, and is keeping its Buy rating. In a note sent to investors Benchmark writes, "Early indicators of holiday ecommerce and online advertising point to a strong season. Ecommerce sales are up 12% y/y from...

Benchmark Capital is out with a research report on Vitacost.com, Inc. (NASDAQ: VITC), and it has a $6 price target and a Hold rating on shares. In a note sent to clients, Benchmark writes, "Vitacost (VITC – Hold - PT $6) may struggle to regain profit creation near-term given ongoing heavy...

Benchmark Capital has a Hold rating and a $6 price target on shares of Vitacost.com, Inc. (NASDAQ: VITC). In a research report sent to clients, Benchmark writes, "Vitacost (VITC – Hold, PT $6) will be required to release 3Q10 earnings results today in order to comply with SEC requirements of...

Benchmark Capital is raising its price target on Rackspace Hosting, Inc. (NYSE: RAX) to $29 from $27, but is maintaining its Hold rating on shares after the company reported earnings yesterday. In a research note sent to clients, Benchmark writes, "Rackspace reported 3Q10 results modestly ahead of...

Benchmark Capital is out with a research report previewing priceline.com Incorporated's (NASDAQ: PCLN) earnings report. It has a Buy rating and a $384 price target on shares. In a note to clients, Benchmark writes, "Priceline should be able to sustain rapid top and bottom-line growth as travel...

Benchmark Capital has a Hold rating and a $6 price target on Vitacost.com, Inc. (NASDAQ: VITC), as it covers the company in a research notes. In a note to clients, Benchmark writes, "We assume that management will once again refrain from hosting a conference call or offering guidance using the...