Valueclick (VCLK) Relationships May Sour as Focus Turns to Managed Services

February 14, 2013 1:33 PM EST
Get Alerts VCLK Hot Sheet
Price: $21.00 --0%

Rating Summary:
    6 Buy, 10 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 35 | Down: 31 | New: 11
Trade VCLK Now!
Join SI Premium – FREE
Yesterday interactive marketing company Valueclick, Inc. (NASDAQ: VCLK) reported Q4 EPS of $0.56, $0.04 better than the analyst estimate of $0.52. Revenue for the quarter came in at $199.6 million versus the consensus estimate of $199.21 million.

Commenting on the results, analyst Daniel Salmon of BMO Capital said, "We remain Market Perform on VCLK, but the 4Q report gave us more to think about going into the 3/16 investor day."

"As Amazon (Nasdaq: AMZN) continues building out its advertising business, ValueClick is being engaged by competing e-commerce companies that work with Commission Junction, Dotomi, etc. for their own ad solutions. And as ValueClick increases its own focus on managed services, its relationship with the agencies may be heading into 'frenemy' territory," warned the analyst.

BMO Capital maintained a Market Perform rating on ValueClick, Inc and boosted its price target to $24.00 (from $17.00).

For an analyst ratings summary and ratings history on ValueClick, Inc (NASDAQ: VCLK) click here. For more ratings news on ValueClick, Inc click here.

Shares of ValueClick, Inc closed at $21.83 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change

Related Entities

BMO Capital

Add Your Comment