Kaufman Bros. Maintains Hold Rating On OpenTable Inc. (OPEN)

Analysts Aaron Kessler and Andrew Connor at Kaufman Bros. have released an update on OpenTable Inc. (NASDAQ: OPEN).

Based on their analysis, analysts expect the company to report first-quarter results in-line with expectations. Analysts expect the company to report revenue of $20.2 million in revenue, EBITDA of $5.3 million and pro forma EPS of $0.11.

Although analysts at Kaufman Bros. are positive about OpenTable Inc.’s long-term growth prospects, they believe shares are fully valued at current levels and have therefore maintained their Hold rating and $37 price target for the company.