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Stock Market & Financial Investment News

News Breaks
November 1, 2012
17:54 EDTOPENOpenTable sees Q4 EPS 41c-45c, consensus 43c
Sees Q4 revenue $41.5M-$43.1M, consensus 43.43M. In the North America segment the Company estimates revenue to be in the range of $35.9M-$37.2M and non-GAAP adjusted EBITDA to be in the range of $18.6M-$19.9M. In the International segment the Company estimates revenue to be in the range of $5.6M-$5.9M and non-GAAP adjusted EBITDA loss to be in the range of $500,000-$900,000.
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April 3, 2014
10:00 EDTOPENOn The Fly: Analyst Upgrade Summary
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06:22 EDTOPENOpenTable upgraded to Buy from Neutral at Citigroup
Citigroup upgraded its rating on OpenTable (OPEN) to Buy from Neutral citing the recent pullback in shares and its belief the company's Q1 results could top expectations. Citi also believes OpenTable's growth in mobile and local marketing is being underappreciated by investors. The firm raised its price target for the stock to $90 from $74. Shares closed yesterday down 53c to $77.03.

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