Benchmark Capital

Benchmark Capital has a Hold rating and a $10 price target on shares of Harte-Hanks (NYSE: HHS). In a note to investors, Benchmark writes, "Harte-Hanks reported disappointing 1Q11 results, mainly due to a decline in Shoppers revenues and higher Direct Marketing operating expenses. 1Q11 revenue of...

Benchmark Capital has a Buy rating and a $44 price target on shares of Lamar Advertising Company (NASDAQ: LAMR), as it previews earnings on Wednesday. In a note to investors, Benchmark writes, "Lamar Advertising (LAMR–Buy, PT $40) is set to report 1Q11 earnings on Wednesday before the stock market...

Benchmark Capital has a Buy rating and a $44 price target on shares of Time Warner (NYSE: TWX), as it previews earnings, set to be out on Wednesday. In a note to investors, Benchmark writes, "Time Warner (TWX-Buy, PT $44) is set to report 1Q11 earnings on Wednesday before the stock market opens....

Benchmark Capital has a Hold rating and a $28 price target on shares of FLIR Systems (NASDAQ: FLIR) after the company reported earnings. In a note to investors, Benchmark writes, "FLIR reported a weaker than expected quarter on both Government and Commercial. Revenue and EPS were $373.5 million...

Benchmark Capital has a Sell rating and a $74 price target on shares of Exxon Mobil Corporation (NYSE: XOM). In a note to investors, Benchmark writes, "We expect to lower our full year 2011 earnings forecast driven by a roughly 2%-3% reduction (excluding Iraqi related volumes) in estimated...

Benchmark Capital is out with a research report on the merger between SAVVIS, Inc. (NASDAQ: SVVS) and CenturyLink, Inc. (NYSE: CTL). In a note to clients, Benchmark writes, "Savvis has agreed to sell to CenturyLink for $40 per Savvis share in cash and stock. Savvis also reported 1Q11 EBITDA nicely...

Benchmark Capital is raising its price target on shares of IAC/InterActiveCorp (NASDAQ: IACI) after it reported earnings. It's going to $36 from $34, and it has a Hold rating on shares. In a note to investors, Benchmark writes, "IAC surprised the street again with 22% y/y revenue growth driven by...

Benchmark Capital has a note on Travelzoo (NASDAQ: TZOO) with a Buy rating and a $54 price target. In a note to clients, Benchmark writes, "Travelzoo (TZOO-$53.97-BUY-PT $54) stock has appreciated about 20% since our March 15th Buy recommendation versus a flat NASDAQ likely on the prospects of its...

Benchmark Capital is raising its price target on shares of IAC/InterActiveCorp (NASDAQ: IACI) to $34 from $31, but remains the rating at Hold. In a note to clients, Benchmark writes, "IAC's operational performance has improved steadily. IAC is likely to make further progress due to the operational...

Benchmark Capital has a Buy rating and a $25 price target on shares of Bio-Reference Labs, Inc. (NASDAQ: BRLI). In a note to clients, Benchmark writes, "Revenue in F1Q11 expanded 23% to $121.7 million, which exceeded the $119.1 million consensus and approached our $122.1 million forecast. Pro-forma...

Benchmark Capital has a Hold rating and is raising its price target from $43 to $50 on shares of Viacom Inc. (NYSE: VIA-B). In a note to clients, Benchmark writes, "Viacom (VIA.B-Hold-PT from $43 to $50) has demonstrated solid ratings helpingadvertising demand at the cable networks led by MTV....

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,...