Dan Kurnos

CarGurus Inc (NASDAQ: CARG) reported fourth-quarter results that prompted a 5.5-percent sell off in the stock Friday and has Street analysts mixed if investors should be buyers of the stock or not. Benchmark: Priced With Free Optionality Cargurus reported a typical earnings report highlighted by a...

The Street had little love for TrueCar Inc (NASDAQ: TRUE) this Valentine’s Day. Analysts pulled back when the online auto market reported an earnings miss and issued weak guidance. The Ratings RBC Capital analyst Mark Mahaney downgraded TrueCar to Sector Perform and cut his price target from...

After months of rumors, Cars.com Inc (NYSE: CARS) announced Wednesday its ongoing review of strategic alternatives, including a possible sale. What Happened Management has been working with external advisors to initiate a process since receiving Board authorization Sept. 28. "We are confident...

Telecom 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...

WebMD Health Corp. (NASDAQ: WBMD) shares spiked as much as 3.4 percent Monday on a Dealreporter article alleging IAC/InterActiveCorp (NASDAQ: IAC)’s interest in a buyout. The report suggested bids above $61 per share. However, Benchmark analyst Dan Kurnos doubts the story’s veracity....

IAC/InterActiveCorp (NASDAQ: IAC) announced Monday after close that it committed to acquiring Angie’s List Inc (NASDAQ: ANGI) for $8.50 per share — a sum $0.25 beneath the initial bid and $0.50 below Benchmark’s estimated fair value — making it a clear win for IAC....

After Amazon.com, Inc. (NASDAQ: AMZN) confirmed a supply agreement with and the rights to acquire a 23 percent stake in Plug Power Inc (NASDAQ: PLUG), Benchmark analyst Dan Kurnos told Benzinga the deal is “just another tech upgrade.” But it wasn’t necessarily an expected one....

Meredith Corporation (NYSE: MDP) preannounced its fiscal third-quarter EPS more than 10 percent higher than the midpoint of its prior guidance range of $0.75–$0.80. The company’s guidance may have been raised to offset the impact of the ongoing rumors around a takeover by Time Inc (NYSE...

Amazon.com, Inc. (NASDAQ: AMZN) reported mixed results for Q4 2016, with the revenue missing the consensus by $1 billion, while operational leverage drove profitability upside, with operating income beating the consensus expectations. Benchmark’s Dan Kurnos maintained a Buy rating on the...

eBay Inc (NASDAQ: EBAY) is scheduled to report its Q4 2016 results on January 25. Although the company is likely to have gained market share, any upside surprise may be offset on a reported basis by an expected currency headwind, Benchmark's Dan Kurnos said in a report. He maintains a Buy...

Shares of CBS Corporation (NYSE: CBS) have been on an upswing since September 2016, backed by several positive headlines and strong financial results. The company would face two quarters of tough comps before “a meaningful growth reacceleration” beginning in the second half of 2017...

Following the recent selloff in Amazon.com, Inc. (NASDAQ: AMZN) shares, which Benchmark’s Dan Kurnos believes was driven by “an irrational post-Trump retribution fear,” the stock has resumed its upward move, driven by the announcement of the launch of Amazon Go in 2017. Kurnos...

A day after eBay Inc (NASDAQ: EBAY) provided a downbeat forecast for the fourth quarter against the earnings beat in the third quarter, analysts are rushing to share their comments. In Thursday's regular trading, the stock was seen consistently down more than 10 percent. However, most brokerages...

Amazon.com, Inc. (NASDAQ: AMZN)'s new video platform would fall at the long-end spectrum of long-term catalysts, Daniel Kurnos of Benchmark told Benzinga. Shares of Amazon rose more than 3 percent after the online retail giant unveiled a new platform, Video Direct, which enables people to...