Travelzoo Gives Up Early Morning Gains

Travelzoo Inc. TZOO shares have given up their early morning gains, and are now slightly negative on the day. Benchmark Capital analyst Frederick Moran was bullish on the stock in a research note and raised his price target to $124. Moran still has a Buy rating on shares. “Local Deals continue to ramp up with sales in June pacing meaningfully higher than May based on our channel checks,” Moran wrote. At last check, shares of Travelzoo were off 4 cents to $59.29, after having been as high as $63.77 on the session.