ValueClick (VCLK) Has Competitive Advantage, Says Analyst
Tweet Send to a FriendGet Alerts VCLK Hot Sheet
Price: $26.57 +0.19%
Rating Summary:
8 Buy, 9 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
8 Buy, 9 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade VCLK Now!
Analysts at Needham & Company see opportunity in ValueClick, Inc (NASDAQ: VCLK) as the online marketing services company continues to take market shares.
"We believe ValueClick's full suite of digital media advertising products is likely to become a more important competitive advantage over time," said analyst Kerry Rice.
ValueClick estimates 10 percent of its request for proposals are for integrated adverting campaigns, an area where it has an advantage.
"We expect ValueClick to expand its highly successful advertising CRM solution, Dotomi, into new verticals and geographic regions, which could accelerate revenue growth and improve profitability," said Rice.
Needham & Co. has a Buy rating on on ValueClick, Inc (NASDAQ: VCLK) with a price target of $22.00.
For an analyst ratings summary and ratings history on ValueClick, Inc click here. For more ratings news on ValueClick, Inc click here.
Shares of ValueClick, Inc closed at $18.47 yesterday, with a 52 week range of $13.80-$21.86.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
"We believe ValueClick's full suite of digital media advertising products is likely to become a more important competitive advantage over time," said analyst Kerry Rice.
ValueClick estimates 10 percent of its request for proposals are for integrated adverting campaigns, an area where it has an advantage.
"We expect ValueClick to expand its highly successful advertising CRM solution, Dotomi, into new verticals and geographic regions, which could accelerate revenue growth and improve profitability," said Rice.
Needham & Co. has a Buy rating on on ValueClick, Inc (NASDAQ: VCLK) with a price target of $22.00.
For an analyst ratings summary and ratings history on ValueClick, Inc click here. For more ratings news on ValueClick, Inc click here.
Shares of ValueClick, Inc closed at $18.47 yesterday, with a 52 week range of $13.80-$21.86.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Morgan Stanley Says Tesla (TSLA) 'Top Pick in U.S. Autos'
- Cisco (CSCO) PT Raised to $26.50 at Nomura
- Wells Fargo Upgrades Rosetta Resources (ROSE) to Outperform, Shares Attractive
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS ViewRelated Entities
Needham & Company
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
