Travelzoo price target raised to $12 from $8 at Barrington

Barrington raised the firm’s price target on Travelzoo (TZOO) to $12 from $8 and keeps an Outperform rating on the shares following the company’s Q1 report. The firm expects the company’s continued efforts to grow subscribers to pressure profitability in the near term, but sees potential for the price increase the company implemented and low churn to help drive “a significant rebound in profitability,” the analyst tells investors.