UPDATE: Benchmark Lowers PT on Coinstar, Comps Expected to Decline
February 08, 2013 at 12:46 PM EST
In a report published Friday, Benchmark reiterated its Buy rating on Coinstar (NASDAQ: CSTR ), but lowered its price target from $85.00 to $65.00. Benchmark noted, “DVD comps are expected to decline through the first half of the year. We decreased our FY13 EPS estimate to $5.35, from $5.80 and