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Benchmark Capital Rates Terremark A Hold (TMRK)
Thursday, August 5, 2010 - 11:55am | 114Read More...Benchmark Capital is out with a research report this morning on Terremark (NASDAQ: TMRK) after the internet infrastructure company reported earnings and guidance yesterday. It rates shares at Hold. Benchmark Capital writes, "Terremark reported an in-line 1Q11, provided slightly softer than...
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Benchmark Capital Raising Price Target To $320 On Priceline.com After Earnings Blowout (PCLN)
Wednesday, August 4, 2010 - 10:04am | 160Read More...Benchmark Capital is severely lifting its price target on shares of Priceline.com (NASDAQ: PCLN) after the online travel site reported blow out earnings yesterday. It is lifting its target from $253 all the way to $320. It rates shares at a Buy. In a note to investors Benchmark Capital states, "...
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Benchmark Capital Raising Price Target To $50 On OpenTable (OPEN)
Wednesday, August 4, 2010 - 9:39am | 160Read More...Benchmark Capital is pushing up its price target on OpenTable (NASDAQ: OPEN) after the dining service provider reported outstanding quarterly results. It now has a $50 price target, up from $40. It rates shares as a Hold. In a note to clients Benchmark Capital says, "Last night, OpenTable...
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Benchmark Capital Has $10 Target On Infospace (INSP)
Tuesday, August 3, 2010 - 8:21am | 131Read More...Benchmark Capital has a Buy rating and $10 price target on shares of Infospace (NASDAQ: INSP) after the company reported earnings yesterday after the bell. In the report Benchmark Capital writes, " Last night, InfoSpace reported in-line 2Q10 results. The core search business was a bit soft but has...
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Benchmark Capital Positive On Priceline (PCLN)
Monday, August 2, 2010 - 8:00am | 132Read More...Benchmark Capital is positive on shares of Priceline.com (NASDAQ: PCLN) as the online travel site is set to report earnings on Tuesday. Benchmark has a Buy rating and $253 price target on shares of Priceline. In the report, Benchmark Capital notes, "Priceline (PCLN - Buy, $253 PT) is set to...
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U.S. Online Travel Spending Up 7% in May
Thursday, June 17, 2010 - 8:45am | 85Read More...Benchmark Capital is reporting that online travel site Orbitz (NYSE: OWW) should benefit from increased U.S. online travel spending in May. According to data from comScore, U.S. online travel spending increased 7% year over year, including an 8% year over year increase in air travel spending....
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EQIX To Benefit From Strong Colocation Demand
Friday, June 11, 2010 - 8:37am | 172Read More...Analysts at Benchmark Capital maintain their "buy" rating on Equinix (NASDAQ: EQIX). The target price for EQIX has been reduced from $120 to $115. According to Benchmark Capital, “despite European economic headwinds, global colocation demand remains strong given IT communications growth and...
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Benchmark Reiterates Their "Buy" Rating On SBA Communications (SBAC)
Wednesday, May 5, 2010 - 1:17pm | 110Read More...SBA Communications Corp. (NASDAQ: SBAC) performed well in the first quarter and reported strong earnings numbers. The company also raised its full year guidance. SBA Comm. (SBAC) raised its revenue and OIBDA guidance midpoints by $5 million and $4 million respectively. Its new targets stand at $...
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Benchmark Maintains “Buy” Rating For American Tower Corp. (AMT)
Wednesday, May 5, 2010 - 1:04pm | 143Read More...American Tower Corp. (NYSE: AMT) has reported a 12% increase in first-quarter revenue. Its EBITDA also grew by 11%. The company also reiterated its 2010 guidance. American Tower’s free cash flows are witnessing an annual increase of 20%, which is in-line with its peers. According to a report...
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Benchmark Capital Says VMware Offers Enormous Upside (VMW)
Wednesday, April 21, 2010 - 3:09pm | 143Read More...According to a report released by Benchmark Capital today, VMWare (NYSE: VMW) offers "enormous upside." The firm has a BUY rating on the stock and a price target of $70. During today's trading session, the shares have gained 8.14% to $61.12 on very high volume. This stock was also upgrade by...
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SBA Communications Raises Over $1 billion At 4.6% (SBAC)
Friday, April 9, 2010 - 11:12am | 118Read More...SBA Communications (NASDAQ: SBAC) announced today that they have raised $1.23 billion by offering Secured Tower Revenue Securities. The deal was at a blended rate of 4.6% and a weighted maturity of 6 years. In a research note, Benchmark Capital analysts wrote "we view this as extremely favorable...
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Benchmark Capital Says Sell Off In Tower Stocks Unjustified (AMT, CCI, SBAC, VZ)
Thursday, March 25, 2010 - 1:51pm | 252Read More...In a client note, Benchmark Capital said that the sell off in tower stocks today is unjustified. The analyst wrote that, "reports this morning indicate that Verizon (NYSE: VZ) mentioned that it was “done” with its 2010 LTE network build. Tower stocks have traded down on this comment. We view the...
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Yahoo Downgraded To Hold (YHOO)
Thursday, March 11, 2010 - 8:07pm | 121Read More...Equity research firm Benchmark Capital has downgraded Yahoo (NASDAQ: YHOO) from Buy to Hold rating. The research firm said that the company is operating in a fiercely competitive environment. According to the research report, the firm will have to wait some time before it sees results from its...

