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Roku Is Well-Positioned With Or Without A Pandemic, Benchmark Says In Bullish Initiation
Wednesday, April 29, 2020 - 12:12pm | 375Read More...Although shares of Roku Inc (NASDAQ: ROKU) offer less near-term upside, the company is likely to emerge as a winner in the longer term, both during and after the COVID-19 crisis, according to Benchmark. The Roku Analyst Daniel L. Kurnos initiated coverage of Roku with a Buy rating and $153 ...
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Analysts React To Amazon's Mixed Earnings, Holiday Guidance
Friday, October 26, 2018 - 10:18am | 679Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported third-quarter earnings Thursday, announced new product launches and adjusted its fourth-quarter guidance. Q3 EPS of $5.75 beat a $3.12 consensus estimate, while sales of $56.576 billion missed the consensus of $57.1 billion. Q4 sales guidance came in a...
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Priceline Has More Room For Upside
Tuesday, February 28, 2017 - 12:15pm | 360Read More...Priceline Group Inc (NASDAQ: PCLN) reported strong fourth-quarter 2016 results and announced healthy guidance for Q1 2017. While there would likely be “heavy investment in paid channels’ in the first half of 2017, the company could benefit from operational leverage as the year...
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Blucora Is More Undervalued Than It Looks On Paper
Thursday, December 29, 2016 - 11:56am | 300Read More...With Blucora Inc (NASDAQ: BCOR) shares up more than 50 percent, year-to-date, Benchmark’s Daniel L. Kurnos noted that the stock had not benefited to the same degree as other financials following the surprising result of the presidential election. Kurnos maintains a Buy rating on the company,...
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5% Room-Night Beat Confirms Priceline's Long-Term Story
Tuesday, November 8, 2016 - 1:03pm | 274Read More...Priceline Group Inc (NASDAQ: PCLN) reported strong Q3 results, higher than consensus expectations. The company delivered another room-night beat, which confirms that Priceline’s long-term thesis is intact, Benchmark’s Daniel L. Kurnos said in a report. Analyst Kurnos maintains a Buy...
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Absence Of Headline Risk Has Given Expedia Shares Room To Recover
Monday, October 24, 2016 - 10:14am | 320Read More...Shares of Expedia Inc (NASDAQ: EXPE) had been under pressure after the company reported mixed results for Q2 and management offered cautious commentary. More recently, shares have enjoyed meaningful run-up, boosted by the absence of any major terror events, Benchmark’s Daniel L. Kurnos said...
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Prime Day Ushers In A $165 Price Target Boost For Amazon
Wednesday, July 13, 2016 - 9:50am | 331Read More...Amazon.com, Inc. (NASDAQ: AMZN) shares continue to reach record highs, driven by what Benchmark’s Daniel L. Kurnos expects was “another record Prime Day.” Kurnos maintains a Buy rating on the company, while raising the price target from $750 to $915. Record Prime Day “...
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'Zillow Still Has Plenty Of Rate Headroom,' Benchmark's Kurnos Says
Wednesday, May 4, 2016 - 8:22am | 337Read More...Zillow Group Inc (NYSE: Z) reported mixed 1Q16 results, with a revenue beat and an EBITDA shortfall. Benchmark's Daniel L. Kurnos maintained a Buy rating for the company, with a price target of $34. The analyst commented that Zillow “still has room to run over the medium-term on the...
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Zillow's Stock Still Has Room To Run...For Now
Tuesday, May 3, 2016 - 11:55am | 319Read More...Zillow Group, Inc.- Class C (NASDAQ: Z) is scheduled to report its 1Q16 results on May 3. Benchmark’s Daniel L. Kurnos maintains a Buy rating on the company, while raising the price target from $33 to $34. Medium Term Kurnos believes that the “1Q16 results will be critical for proving/...
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Benchmark Raises CBS Price Target To $65 Amid Stable Ad Trends
Tuesday, May 3, 2016 - 10:58am | 246Read More...CBS Corporation (NYSE: CBS) shares have gained 20 percent since February 3. Benchmark’s Daniel L. Kurnos maintained a Buy rating for the company, while raising the price target from $56 to $65. CBS is likely to report robust 1Q16 results, driven by Super Bowl related benefits and other...
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Seeing 'Faint Signs Of A Turnaround' At Travelzoo
Friday, February 12, 2016 - 9:15am | 312Read More...The share price of Travelzoo Inc. (NASDAQ: TZOO) has declined 14.22 percent year-to-date, almost touching its 52-week low on Thursday at $6.68. Benchmark’s Daniel L. Kurnos has maintained a Hold rating on the company, while lowering the price target from $11 to $8. Although the...
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Benchmark's Daniel Kurnos Stays Bullish On Amazon, Hikes Price Target To $735
Friday, January 29, 2016 - 10:54am | 386Read More...Shares of Amazon.com, Inc. (NASDAQ: AMZN) have surged 103.38 percent over the past one year, to a high of $693.97 on December 29. Benchmark’s Daniel L. Kurnos has maintained a Buy rating on the company, while raising the price target from $700 to $735. Following the 10 percent...
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Analyst: Perion Shares More Compelling Following 'Shocking' Deal
Wednesday, December 2, 2015 - 2:58pm | 301Read More...On Tuesday, Perion Network Ltd (NASDAQ: PERI) announced a surprising acquisition: the company paid $180 million for ad-tech firm Undertone. In a report issued Wednesday, Benchmark analyst Daniel L. Kurnos said the purchase “adds quality, legitimacy, stability and diversity” to...
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Benchmark Defends 1-800-Flowers, Sees Buy The Dip Opportunity
Thursday, November 19, 2015 - 11:41am | 296Read More...1-800-Flowers.Com Inc (NASDAQ: FLWS) shares have been volatile in 2015 and are down 16 percent year-to-date. Benchmark’s Daniel L. Kurnos maintained a Buy rating on the company, with a price target of $14. Pressure on shares offer a significant fundamental value opportunity, Kurnos...
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RR Media Loved By Benchmark Analysts; It's Cheap And Is Building Scale
Friday, October 2, 2015 - 11:03am | 319Read More...RR Media Ltd (NASDAQ: RRM) shares are down 1 percent since September 3. Benchmark’s Daniel L. Kurnos initiated coverage of the company with a Buy rating and a price target of $12. RR Media is a scaling content distribution play, while its stock is currently inexpensive, Kurnos said...
