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The Reward Outweighs The Risk In Expedia, Analyst Says
Wednesday, January 3, 2018 - 3:33pm | 425By many metrics, 2017 was a disappointing year for Expedia Inc (NASDAQ: EXPE) but the risk-to-reward setup has turned favorable, according to Bank of America Merrill Lynch. The Analyst BofA's Justin Post upgraded Expedia from Neutral to Buy with an unchanged $145 price target....
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Planes, Trains And Automobiles: Expedia To Benefit From Growth In All The Above
Wednesday, July 5, 2017 - 3:44pm | 368Argus analyst John Staszak initiated coverage of Expedia Inc (NASDAQ: EXPE) with a Buy rating and $178 price target. Expedia shares were trading around $150 mid-day Wednesday. “We expect Expedia to benefit from growth in online travel bookings for air, rail, cruise, hotel, rental car and...
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4 Reasons Expedia Got An Upgrade From Citi
Wednesday, June 28, 2017 - 1:40pm | 514Analysts at Citi are now recommending investors buy shares of Expedia Inc (NASDAQ: EXPE) even though the stock has already gained 30 percent in 2017 alone and nearly 50 percent over the past year. Citi's Mark May upgraded Expedia's stock rating from Neutral to Buy with a price target boosted from $...
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Vacasa And Booking.com Launch Partnership To Offer Alternative Accommodations On The Platform
Thursday, May 18, 2017 - 9:01am | 666Vacasa, the second largest U.S. vacation rental platform has announced that more than 4,500 of its properties will now be available on Priceline Group Inc (NASDAQ: PCLN)'s Booking.com. “We’re always looking for ways to expand our value proposition and better market the homes in our...
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Barclays Thoughts On HomeAway Pricing Changes
Thursday, June 30, 2016 - 8:56am | 282Expedia Inc (NASDAQ: EXPE) recently introduced a price change for HomeAway subscription customers, simplifying the earlier multi-tier pricing structure. Barclays’ Christopher D. Merwin maintained an Overweight rating on the company, with a price target of $120. Price Structure The...
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HomeAway's Transition Under Expedia 'Progressing Well' Cantor Says; Reiterates Buy
Monday, May 23, 2016 - 2:46pm | 418Cantor Fitzgerald has reiterated its Buy rating and $180 price target on Expedia Inc (NASDAQ: EXPE), saying that its checks indicate HomeAway's transition is progressing well, with robust growth in paid search volume and a wide range of changes to the website. HomeAway's Importance To Expedia "If...
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JPMorgan On Travel: Prefers Priceline Into Q1 Earnings
Thursday, April 7, 2016 - 4:26pm | 733Heading into first-quarter earnings, JPMorgan prefers Priceline Group Inc (NASDAQ: PCLN) over peers Expedia Inc (NASDAQ: EXPE) and Tripadvisor Inc (NASDAQ: TRIP). Priceline:Overweight, $1,510 PT Analyst Doug Anmuth is looking for "1Q FXN total gross bookings growth of +23 percent Y/Y,...
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Piper Jaffray Upgrades Expedia To Overweight, Raises Target To $140
Thursday, March 10, 2016 - 10:08am | 293Piper Jaffray’s Michael J. Olson upgraded the rating on Expedia Inc (NASDAQ: EXPE) from Neutral to Overweight, while raising the price target from $130 to $140. EBITDA Upside The company’s acquisition of HomeAway, although not free of risk, is expected to drive EBITDA upside...
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Expedia Is Buying HomeAway, But Could Other Suitors Step In?
Thursday, November 5, 2015 - 2:32pm | 558HomeAway, Inc. (NASDAQ: AWAY) confirmed on Wednesday it has received a buyout offer from Expedia, Inc. (NASDAQ: EXPE) to acquire the entire company for $38.31 per share. The deal would consist of $10.15 in cash and 0.2065 shares of Expedia for each share of HomeAway. Analysts noted that...
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Pacific Crest Chooses Criteo, LinkedIn, HomeAway and Google Among Internet Companies
Monday, July 13, 2015 - 10:06am | 470Pacific Crest's Evan Wilson released a cautious note on ad-driven Internet companies over the weekend, noting that he expects the "tough stretch of earnings reports" to continue into Q2. Wilson said that "the overarching trend of decelerating user growth is worrisome relative...
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Billionaire Real Estate Mogul: Airbnb Will Lead To Hospitality Industry Consolidation
Tuesday, July 7, 2015 - 9:56am | 321Airbnb, a startup that allows individuals to rent rooms in their homes, will soon close a $1 billion funding round at a $24 billion valuation. Its meteoric rise in popularity – both from consumers and investors – has turned the hospitality industry on its head. Now, billionaire real...
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Investors Not Thrilled with HomeAway's Top Rural Acquisition
Monday, April 2, 2012 - 4:20pm | 306Online vacation rental company HomeAway (NASDAQ: AWAY) announced earlier today that it will acquire a Spanish holiday cottage rental site, Top Rural. The purchase price was not disclosed. According to HomeAway's statement, “The acquisition of Toprural broadens HomeAway's reach within the European...
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Jared's Market Commentary - Tech IPO Valuations Out of Control
Friday, July 1, 2011 - 10:42am | 602By Jared Rosenbaum “Don't mess with the bull young man, you'll get the horns.” – Principal Vernon So in terms of being wrong, I would say this week (through Thursday) is up there with my all-time worst calls ever (have you figured out yet that betting against me is a sure way to make money?!)....