TravelZoo Inc. (TZOO)

[Bart Myers]

Benchmark is out with its report today on Travelzoo (NASDAQ: TZOO), raising its PT from $123 to $124.

In a note to clients, Benchmark writes, "Travelzoo trades at 34x our 2011E EPS of $1.72 and 21x our 2012E EPS of $2.78. Travelzoo stands well-positioned to benefit from the global recovery in travel advertising and building consumer interest in Local Deals. Using a PEG of 1.4x, or 72x 2011E EPS of $1.72, our price target is $124 per share. We rate TZOO Buy."


Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/06/1191348/update-benchmark-raises-pt-on-travelzoo-to-124#ixzz1Q0zE9auX