Barrington Research Reiterates its Outperform Rating on InnerWorkings, Raises PT to $14

Barrington Research has reiterated its Outperform rating on InnerWorkings INWK and raised its price target on the company from $11 to $14 in a research report out today. In the report, Barrington Research wrote, "On February 24 we attended InnerWorkings' Investor Day, at which the company provided 2012 guidance for the first time. We view the guidance as favorable, and reflective of the continued positive development of InnerWorkings' business model and growth strategy." Shares of InnerWorkings closed today at $11.33, down 0.61% from yesterday's close.