Benchmark

Booking Holdings Inc. (NASDAQ: BKNG) was hit with a downgrade Friday, as one sell-side analyst said the company is playing from behind in some of the online travel space's key growth areas.  The Analyst  Benchmark analyst Daniel Kurnos downgraded Booking Holdings from Buy to Hold...

Micron Technology, Inc. (NASDAQ: MU) has moved from a "cash burn" to a "cash return" story in the space of two years, Benchmark said in a bullish Friday initiation note.  The Analyst  Analyst Mike Burton initiated coverage of Micron with a Buy rating and $80 price...

Jeffrey Immelt, the former CEO of General Electric Company (NYSE: GE), reportedly isn't ready to retire from the business world and wants to take over the vacant CEO spot at Uber. Despite his experience in running a Dow-component global behemoth, he may not have the full support of Uber's investors...

Despite what seemed like a strong film slate, Imax Corp (USA) (NYSE: IMAX)’s poor second-quarter performance has led Benchmark analyst Mike Hickey to downgrade the stock from Buy to Hold. Hickey estimates revenue at $88 million vs. the Street’s $102 million and adjusted EBITDA of $22...

WebMD Health Corp. (NASDAQ: WBMD) shares spiked as much as 3.4 percent Monday on a Dealreporter article alleging IAC/InterActiveCorp (NASDAQ: IAC)’s interest in a buyout. The report suggested bids above $61 per share. However, Benchmark analyst Dan Kurnos doubts the story’s veracity....

Some investors put their financial livelihoods in the hands of analysts researching their relevant stocks. Upgrades and downgrades determine how they play their portfolios — when to sell, when to buy, when to hold. Some analysts have better foresight than others do, though, and their...

This week, IAC/InterActiveCorp (NASDAQ: IAC) agreed to a $500 million buyout of Angie’s List Inc (NASDAQ: ANGI) worth at least $8.50 per common share. However, Angie’s list shares are up another 8 percent on Wednesday to $10.27, well above the value of the potential buyout price. For...

IAC/InterActiveCorp (NASDAQ: IAC) announced Monday after close that it committed to acquiring Angie’s List Inc (NASDAQ: ANGI) for $8.50 per share — a sum $0.25 beneath the initial bid and $0.50 below Benchmark’s estimated fair value — making it a clear win for IAC....

Reviewing Amazon.com, Inc. (NASDAQ: AMZN)'s first-quarter results, Benchmark said the strong results may be indicating a return to momentum. Q1 Print Analyst Daniel Kurnos noted that the company reported better-than-expected first-quarter operating income and revenues. The analyst said he...

Reviewing eBay Inc (NASDAQ: EBAY)'s first-quarter results, Benchmark said the below-par second-quarter guidance, both on top and bottom line, was expected, with the company confirming the results would be back-end loaded in 2017. Although conceding that the timing shift introduces some incremental...