eResearch Technology Inc.

According to Benchmark, eResearch Technology (NYSE: ERT) is upgraded to Buy. Benchmark said that it is upgrading ERT shares to Buy from Hold and increasing the price target to $7.50 from $7.00. “Our current-quarter non-GAAP EPS forecast is increased to $0.11 from $0.09. Our full-year 2011 non-GAAP...

Benchmark is raising its price target from $5 to $7 on eResearch Technology Inc. (NASDAQ: ERES) and has upgraded its rating from Sell to Hold on the stock. Says Benchmark, in the report, “[ERES] reported strong Q1 contract bookings and non-GAAP earnings, but cancellations soared and management...

Duncan-Williams, in its report previewing Q1:11 earnings on eReasearch Technology (NASDAQ: ERT), is maintaining both its Buy rating, as well as its price target of $8.50 on the stock. In the report, Duncan-Williams writes, “Our Q1:11 revenue and adjusted EPS estimates are $42.5 million and $0.07,...