Ascendiant Capital Downgrades Travelzoo (TZOO) to Neutral

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Benchmark says Travelzoo (TZOO) At Critical Juncture, Maintains Hold

October 15, 2012 7:07 AM EDT

Benchmark maintained a Hold rating on Travelzoo (NASDAQ: TZOO) and cut its price target to $20.00 (from $24.00).

On Friday, Tavelzoo announced preliminary results for the third quarter that were below expectations.

Commenting on the results, Benchmark analyst Daniel L. Kurnos... More