eResearch technology

Benchmark has upgraded eResearch Technology (NASDAQ: ERT) from Hold to Buy and has raised the price target from $7 to $7.50.

Benchmark reports that, based on the overall improved results of eResearch Technology, Inc. (NASDAQ: ERT), “we are cautiously upgrading shares to Hold and increasing our price target to $7.00 from $5.00.” eResearch Technology currently trades at $6.41.

Duncan-Williams is out with its report on eResearch Technology (NASDAQ: ERES), maintaining Buy. In a note to clients, Duncan-Williams writes, "ERT reported Q1:11 revenue and adjusted EPS of $41.7 million and $0.09, below our revenue estimate of $42.5 million and above our adjusted EPS estimate of...

Benchmark has published a research report on a eResearch Technology (NASDAQ: ERES) after the company reported decent 4Q earnings but softness in the bookings, leading to depressed outlook for 2011. In the report, Benchmark writes "Revenue in Q4 was $44.9 million as compared with the $43.3 million...