We are lowering our six-month price target on ValueClick Inc. (VCLK) to $11.00 but maintaining our Neutral rating on the stock. The company provided disappointing guidance for the coming quarter, which was much below Zacks Consensus Estimates. The unexpected weakness in the Comparison Shopping segment and slower international business, particularly in Europe, will have a negative impact on revenue growth going forward. Thus we are lowering our revenue estimates for the fourth quarter and full year 2009. The Comparison shopping segment is expected to decline in the mid-to-high teen percentage range in the coming quarter, affected by Yahoo!'s (YHOO) new ad quality ranking system. Moreover, large Web portals such as Google (GOOG), Yahoo! and MSN will increase competition for ValueClick’s display ad business. ValueClick’s third quarter earnings were above Zacks Consensus Estimates as well as above management’s expectations, as Comparison Shopping remained strong ...

For Immediate Release

Chicago, IL - April 1, 2009 - Zacks Equity Research picks China Life (LFC) as Bull of the Day and Red Robin Gourmet Burgers (RRGB) as Bear of the Day. In addition, the analysts at Zacks Equity Research discuss the latest on ValueClick, Inc. (VCLK), General Motors Corp. (GM) and Web.com (WWWW).

Full analysis of all these stocks is available at: http://at.zacks.com/?id=2678

Bull of the Day

Headquartered in Beijing, China, China Life Insurance Company Ltd. (China Life, LFC) is China's leading life insurance company. As of December 31, 2008, China Life had about 716,000 exclusive agents, over 12,600 direct sales representatives, and nearly 94,000 non-dedicated agencies throughout China.

LFC's FY08 results were disappointing, stemming from a combination of external negative factors -- snow, earthquake, and the global financial crisis. However, despite growing competition as well

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ValueClick, Inc. (VCLK) is feeling the impact of declining advertising spending as consumer confidence wanes. This has been reflected in the company's subdued outlook for Q109.Despite a weak macro economic environment, ValueClick delivered strong Q408 results with improved margins, beating Wall Street as well as our expectation. In the long-term, we believe there is still significant growth opportunity ahead for the Internet advertising industry, but we don't expect meaningful improvement over our six month time frame.Given the current economic situation, we maintain a Hold rating on the shares of VCLK but raise our price target to $8.50. VCLK is currently trading at a P/E multiple of 8.7x our 2009 earnings per share estimate of $0.90, a discount to the industry and S&P 500. Our price target represents a multiple of 9.4x our 2009 EPS estimate.Priyanka Poddar contributed to this report. Read ...