UPDATE: Topeka Raises Bankrate PT on Late-Year Margin Trends

In a Thursday report, Topeka Capital Markets reiterated its Hold rating on Bankrate (NYSE: RATE ) and increased its price target from $11 to $13. Topeka noted, "At an investor conference yesterday, Bankrate's CFO, Ed DiMaria, sounded upbeat about margin trends in the back half of the year. In addition,