Zacks Investment Research upgraded shares of OPENTABLE INC (OPEN) from NEUTRAL to OUTPERFORM on November 06, 2012, with a target price of $50.20.
OpenTable is the leading supplier of reservation, table management and guest management software for restaurants. In addition, the company operates www.opentable.com, the world's most popular website for making restaurant reservations online. With customers throughout the United States, Canada, Mexico, United Kingdom, Germany, France, Spain and Japan, the OpenTable hardware and software system replaces pen-and-paper at the host stand. It automates the process of taking reservations and managing tables, while allowing restaurants to build robust diner databases for superior guest recognition and targeted e-mail marketing. For diners, concierges and administrative professionals, the website provides a fast, efficient way to find available tables that meet desired criteria for cuisine, price and location at a specified time. The company is headquartered in San Francisco, California.
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