Benchmark Raises Price Target on Valassis Communications (VCI), Solid Shared Mail Revenues
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Price: $34.02 --0%
Rating Summary:
0 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
0 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Benchmark is maintaining its Buy rating on shares of Valassis Communications (NYSE: VCI) and is raising its price target from $25 to $29 following the release of its Q4 results.
Revenues for the quarter fell 5 percent year over year, but came in ahead of the Street's expectations. The firm highlights Share Mail revenues were stronger than originally estimated and lead to the upside.
For an analyst ratings summary and ratings history on Valassis Communications click here. For more ratings news on Valassis Communications click here.
Shares of Valassis Communications closed at $26.31 yesterday.
Revenues for the quarter fell 5 percent year over year, but came in ahead of the Street's expectations. The firm highlights Share Mail revenues were stronger than originally estimated and lead to the upside.
For an analyst ratings summary and ratings history on Valassis Communications click here. For more ratings news on Valassis Communications click here.
Shares of Valassis Communications closed at $26.31 yesterday.
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