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ValueClick (VCLK) Shares Surge 16%, Hit New High

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					Robert DeFrancesco’s
TechStockProspector.com
February 14, 2013


ValueClick (VCLK) Shares Surge 16%, Hit New High
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*A subtle sentiment shift for Apple
*Oracle to acquire Acme Packet
*Two potential buyout targets in networking
*Appreciating Google’s online video gem
*Cloud-software updates: NetSuite, Ultimate & Concur
*Fortinet experiences a growth uptick
*A cloud name to watch: E2open
*Symantec sets a new course
*Customer concentration trips up Fusion-IO
*LinkedIn builds engagements as user base grows
*Why some big investors like ServiceNow
*New growth drivers for Citrix Systems
*Riverbed Technology looks to OPNET for growth
*Aruba Networks benefiting from BYOD trend
*Cornerstone OnDemand expands its customer base
*Deal Report: IBM on the M&A hunt?

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Shares of ValueClick (VCLK, $25.44), a provider of digital marketing solutions,
today are up more than 16% on heavy volume following the release of strong Q4
results.

Per-share earnings of 56 cents topped the consensus estimate by four cents and
revenue rose 13.8% to $199.5 million, above the consensus of $198.2 million.

Earlier in the session, the stock hit a new 52-week high at $26.
Cantor Fitzgerald raises its ValueClick price target to $28 from $23 based on
prospects for faster organic growth and improving margins. The firm points out that
Q4 EBITDA margin of 38.6% easily beat expectations and was nearly at a record
level.

Last week, Goldman Sachs started coverage of ValueClick at ‘Buy’ with a price target
of $25, saying the company is working various growth levers, including increased
spend-per-client via its product integration efforts and higher volumes of display
ads.

Goldman thinks the 2011 acquisition of Dotomi, which gave ValueClick expertise in
the high-growth personalized ad re-targeting segment of the market, is now paying
off in the form of new client relationships and talent.

***********************************************************************************

Read the latest issue of Tech-Stock Prospector on your Amazon Kindle or Kindle for
iPad/iPhone reading app.

Here’s the Kindle link: http://www.amzn.com/B004T6Z0ME

------------------------------------------------------------------------------------------------------

Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20
years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street.

TechStockProspector.com, launched in 2003, is an investment-research service
focused primarily on the networking, storage, security, wireless and software
sectors. Annual subscription: $350.

For more information or to place an order, call 800-392-0998.

				
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Description: Strong Q4 results are driving ValueClick shares higher