Wedbush Reiterates an 'Outperform' on InfoSpace (INSP); Believe Accelerating Search Queries Will Help Q3
More News related to GOOG
- Baidu (BIDU) Blows the Lid Off Q4, Shares Jump
- Google (GOOG) Tackles Social Media With "Buzz"
- Google Unveils 'Buzz' Social Sharing Tool
- AppTech Global Approved for Google Android Development Program
- YouTube Ad Coverage Improved Sharply Over '09 -Piper Jaffray (GOOG)
More News related to INSP
- After-Hours Movers 2/3: AFFX, THQI, MKSI, JOEZ, CELL, TBI Higher; DBTK, LAD, AKAM, SPF Lower
- Infospace (INSP) Tops Q4 Views; Guides Q1 EPS, Sales
- InfoSpace Announces Strong Fourth Quarter and Full Year 2009 Results
- Trading Radar for 02/03: Cisco (CSCO), ON Semi (ONNN), Visa (V), Novellus (NVLS), Monster Worldwide (MWW) Report
- InfoSpace to Announce Fourth Quarter and Full Year 2009 Financial Results on February 3, 2010
More News related to YHOO
- Top 10 News Items 2/1-2/5: 9.7% Unemployment Rate Surprises the Market, Dow Breaks 10,000, But Recovers, Troubles at Toyota Continue
- Unusual 11 Mid-Day Movers 2/4: HDNG, AFFX, CYCC, DCTH, EDZ Higher; LAD, DBTK, MWW, SPR Lower
- Notable Mergers and Acquisitions of the Day 02/04: MWW/YHOO, JNY, CEU
- Morning Movers 2/4: HDNG, AFFX, UHAL, CYCC, OTEX, OPNT Higher; DBTK, LAD, MWW, MSTR, SPR, WFR Lower
- Monster (MWW) Takes Struggling HotJobs Off Yahoo's Hands for $225M
More News related to Analyst Comments
- Morgan Stanley Says Buy Commodities on Recent Dip
- JPMorgan Close to Upgrading UAL, AMR, US Airways; Raises Estimates on UAL Following Traffic Results (UAUA, AMR, LCC, more)
- S&P Revises Credit Outlooks On BofA (BAC) and Citi (C) to Negative, Saying No More Free Govenment Handouts
- S&P Revises Outlook on Citigroup (C) from Stable to Negative
- Wedbush Maintains an 'Outperform' on Electronic Arts (ERTS); Lowers PT & Estimates
Wedbush reiterates an Outperform rating on InfoSpace (Nasdaq: INSP), price target $10.
Wedbush analyst says, "We believe accelerating search queries, Google and Yahoo Traffic Acquisition Cost (TAC) growth, and improving ad prices should translate into inline or better Q3 results. Solid 3Q09 revenue for both Google and Yahoo, driven by accelerating search queries bodes well for InfoSpace's 3Q09 revenue growth. Improving Cost-Per-Click rates increase our confidence that the InfoSpace should at least meet expectations. Growth in Google (Nasdaq: GOOG) and Yahoo (Nasdaq: YHOO) TAC are positive indicators for InfoSpace's 3Q09 revenue."
To see more analyst ratings on INSP Click Here.
Related Categories
Analyst CommentsStocks Mentioned
+2.97
-0.28Sign 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!
