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Online Travel Agencies No Longer 'Growth Disruptors': Bernstein
Tuesday, December 1, 2020 - 12:58pm | 462Online travel agencies are no longer "30%-plus growth disruptors," as the group has evolved to become a core part of the travel landscape, according to Bernstein. The Analyst: Richard Clarke initiated coverage of three OTA stocks Monday: Booking Holdings Inc (NASDAQ: BKNG) at...
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RBC Downgrades Expedia On Rising Competitive Risk For Online Travel Agency
Monday, September 28, 2020 - 10:49am | 266Proprietary surveys suggest a slow recovery in online travel and share losses for Expedia Group Inc (NASDAQ: EXPE) amid rising competition, according to RBC Capital Markets. The Expedia Analyst: Mark Mahaney downgraded Expedia from Outperform to Sector Perform with an unchanged $93 price target....
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Expedia Faces Slow Journey Back As COVID-19 Hammers Travel: Needham
Friday, July 31, 2020 - 10:46am | 258The return of travel will be "slow and arduous," Needham said after Expedia Group, Inc.'s (NASDAQ: EXPE) second-quarter miss. The Expedia Analyst: Brad Erickson reiterated a Hold rating on Expedia. The Expedia Takeaways: It could take three to five years for...
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PreMarket Prep Stock Of The Day: Expedia Group
Thursday, May 21, 2020 - 1:35pm | 677Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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This Expedia Analyst Is Buying The Dip
Sunday, April 26, 2020 - 6:35pm | 328Shares of Expedia Group Inc (NASDAQ: EXPE) gained more than 5% Friday after the online travel agency executed a series of corporate moves, including raising new capital. The stock saw an upgrade by JMP Securities from Market Perform to Market Outperform with a $92 price target on the expectation...
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Analyst: Bearish Case For Tripadvisor Ends, But Growth Debate Continues
Wednesday, September 4, 2019 - 12:55pm | 364The bearish case for Tripadvisor Inc (NASDAQ: TRIP) dates back to late 2017 and may have now played out after the stock's underperformance over the past six months, according to UBS. The Analyst UBS analyst Eric Sheridan upgraded Tripadvisor from Sell to Neutral with a price target lowered...
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DA Davidson Turns Bullish On Tripadvisor
Thursday, June 27, 2019 - 3:36pm | 341DA Davidson initiated coverage of online travel platform Tripadvisor Inc (NASDAQ: TRIP) in early 2018 with a Neutral rating, a stance that remained unchanged until Thursday. The Analyst DA Davidson's Tom White upgraded Tripadvisor from Neutral to Buy with an unchanged $55 price target. The...
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Trivago Analysts Unfazed By Q1 Sales Dip
Thursday, May 2, 2019 - 3:22pm | 477Hotel search platform company Trivago NV - ADR (NASDAQ: TRVG) reported mixed first-quarter results, but two analysts are sticking with a bullish stance. Mizuho: Challenges Ahead Trivago's first-quarter revenue fell short of expectations and was lower by 20 percent year-over-year, Mizuho...
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Guggenheim: If You Like TripAdvisor, You Might Also Like Trivago
Tuesday, April 23, 2019 - 12:47pm | 428The bullish case for global hotel search platform Trivago NV - ADR (NASDAQ: TRVG) is based on its parroting of recent successful strategic undertaken by rival online travel platform Tripadvisor Inc (NASDAQ: TRIP) undertook in 2018, according to Guggenheim. The Analyst Jake Fuller upgraded...
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Analyst Breaks Down United's Contract Dispute With Expedia
Wednesday, April 10, 2019 - 4:36pm | 360Online travel agency Expedia Group Inc (NASDAQ: EXPE)'s distribution deal with United Continental Holdings Inc (NASDAQ: UAL) will end at the end of September, but the financial impact to Expedia will likely be "modest." The Analyst Guggenheim Partners' Jake Fuller maintains a Buy...
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Raymond James Struggles To Understand Why Bears Target Tripadvisor
Friday, March 29, 2019 - 1:13pm | 344The bearish case for Tripadvisor Inc (NASDAQ: TRIP) is difficult to understand, especially with the stock trading at 14 times 2019 estimated EV/EBITDA, according to Raymond James. The Analyst Raymond James analyst Justin Patterson maintains a Market Perform rating on Tripadvisor with no price...
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Booking Holdings Has A Supply Growth Problem, Analyst Says
Thursday, March 28, 2019 - 3:10pm | 352Booking Holdings Inc (NASDAQ: BKNG) has a supply growth problem, which makes it difficult for the company to see a material reacceleration in the business, according to Guggenheim. The Analyst Guggenheim Partners' Jake Fuller maintains a Neutral rating on Booking Holdings with no price target....
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Sell-Side Debates Whether Investors Should Travel With Booking Holdings After Q4 Print
Thursday, February 28, 2019 - 5:50pm | 726Online travel agency Booking Holdings Inc (NASDAQ: BKNG) reported Wednesday with a fourth-quarter earnings beat and roughly in-line revenue. The stock moved lower following the report, as the first-quarter earnings guidance fell short of expectations. The following is a roundup of how analysts on...
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TripAdvisor Announces Mixed Q4 Results, Discouraging 2019 Guidance: 2 Bear Analysts React
Wednesday, February 13, 2019 - 11:42am | 428Although TripAdvisor Inc (NASDAQ: TRIP) reported a fourth-quarter EBITDA beat Tuesday, this was driven by a decline in ad spend. Two sell-side analysts found the downside in core hotel revenues, with declining monthly unique hotel shoppers, to be cause for concern. The Analysts...
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Sell-Side Lifts Expedia Price Targets After Strong Q4 Report, 2019 Outlook
Friday, February 8, 2019 - 4:03pm | 515Shares of online travel agency Expedia Group Inc (NASDAQ: EXPE) soared after a positive earnings report Thursday and company expectations for earnings growth that outpaced earlier Street expectations. Expedia said it expects 2019 growth in the 10-15-percent range, ahead of Wall...