The Benchmark Company Maintains Buy Rating and $45 PT on Travelzoo
A report from The Benchmark Company reiterates its Buy rating and $45 price target on Travelzoo (NASDAQ: TZOO).
The report states, “After a moderate October and early November, Travelzoo (TZOO-Buy, PT $45) Local Deals have jumped up over the last week with one deal alone selling nearly 90,000 vouchers and grossing over $1 million. Travelzoo's Local Deals is pacing to meet our $12 million gross estimate for November and our $34 million estimate for 4Q11.”
TZOO closed yesterday at $28.48.
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