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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...
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Need A Reason To Buy Booking Holdings? Deutsche Bank Offers 5
Tuesday, February 5, 2019 - 4:51pm | 375Deutsche Bank named five reasons why its cautious stance on online travel agency Booking Holdings Inc (NASDAQ: BKNG) came to an end Tuesday. The Analyst Deutsche Bank's Lloyd Walmsley upgraded Booking Holdings from Hold to Buy with a price target lifted from $2,150 to $2,370....
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Expedia's Million-Property Portfolio Drives Bullish Guggenheim Thesis
Thursday, January 3, 2019 - 2:57pm | 316Guggenheim's latest checks show stable room night growth quarter-to-date through November at Expedia Group Inc (NASDAQ: EXPE), and the online travel agency now lists more than 1 million properties. The Analyst Analyst Jake Fuller maintains a Buy rating on Expedia with an...
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Guggenheim: Expedia's Hiring Spree Is Tapering Off
Thursday, December 20, 2018 - 5:29pm | 384Expedia Inc (NASDAQ: EXPE) is a best idea heading into 2019, according to Guggenheim Securities. The Analyst Guggenheim analyst Jake Fuller maintains a Buy rating on Expedia with a $160 price target. The Thesis Expedia went on a hiring spree earlier in the year in support of a big hotel supply...
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Guggenheim Revisits Booking Holdings After Closing Hotelscombined Acquisition
Tuesday, December 11, 2018 - 4:14pm | 380Online travel agency Booking Holdings Inc (NASDAQ: BKNG) finalized and closed its acquisition of hotel metasearch site HotelsCombined, which prompted Guggenheim to revisit its thesis on the stock. The Analyst Guggenheim Partners' Jake Fuller maintains a Neutral rating on Booking Holdings with...
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Booking Holdings Must Choose Growth Or Value Path, Says CNBC's Cramer
Tuesday, August 14, 2018 - 2:28pm | 433Online travel agency and Priceline parent Booking Holdings Inc (NASDAQ: BKNG) faces an "identity crisis," as its management doesn't know if it is a growth or value company, according to CNBC's Jim Cramer. What Happened Companies that sacrifice sales with the purpose of...
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TripAdvisor Has 'Compelling Path' To Top-Line Revenue Growth, Barclays Says In Upgrade
Wednesday, July 11, 2018 - 11:57am | 367With TripAdvisor Inc (NASDAQ: TRIP)’s fundamentals beginning to turn around, Barclays sees a “compelling path” to top-line revenue growth for the online travel agency. The Analyst Analyst Deepak Mathivanan upgraded TripAdvisor from Equal Weight to Overweight and...
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MakeMyTrip's Valuation Is Pricing In Profitability, Goldman Sachs Says In Downgrade
Tuesday, June 12, 2018 - 11:23am | 394Shares of MakeMyTrip Limited (NASDAQ: MMYT), one of India's leading online travel agencies, have gained nearly 40 percent since the start of 2018, which implies investors should no longer be aggressive on the stock, according to Goldman Sachs. The Analyst Goldman Sachs' Manish Adukia...
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Booking Holdings CEO Has Some Winning Travel Tips For Summer Vacation
Saturday, June 9, 2018 - 9:33am | 354The economy is performing well and "people want to go out and enjoy things," Booking Holdings Inc (NASDAQ: BKNG) CEO Glenn Fogel told CNBC Friday. This is especially true for millennials who continue to show a willingness to forgo buying items so they have more money for experiences like...
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Deutsche Bank: What To Expect From Online Travel Agency Earnings
Tuesday, May 8, 2018 - 3:47pm | 452Deutsche Bank previewed the quarterly reports due from online travel agencies this week, including Booking Holdings Inc (NASDAQ: BKNG) and Tripadvisor Inc (NASDAQ: TRIP). The Analyst Deutsche Bank's Lloyd Walmsley maintains a Hold rating on Booking Holdings with a price target lifted...
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Expedia Will Be The Online Travel Space's Outperformer This Earnings Season, Analyst Says In Preview
Tuesday, April 24, 2018 - 4:53pm | 761With the online travel sector on deck to report earnings, D.A. Davidson is holding a bullish stance on just one of the stocks: Expedia Group Inc (NASDAQ: EXPE). The Analyst D.A. Davidson's Tom White: Maintains a Buy rating on Expedia with an unchanged $132 price target. Maintains a...
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Argus: Booking Holdings Has 20% Upside Potential
Thursday, March 8, 2018 - 10:50am | 356Booking Holdings Inc. (NASDAQ: BKNG), formerly Priceline.com, is likely to maintain its position as the leading online travel agency through continued investments in marketing and advertising, an analyst at Argus said. The Analyst Argus analyst John Staszak upgraded shares of Booking Holdings...
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Booking Holdings's Q4 Alleviates Structural Concerns About Online Travel, Analyst Says
Wednesday, February 28, 2018 - 3:13pm | 402Booking Holdings Inc. (NASDAQ: BKNG), formerly Priceline, is back on track with a fourth-quarter earnings beat. The Analyst Credit Suisse's Paul Bieber maintains an Outperform rating on Booking Holdings and raised the price target from $2,260 to $2,300. The Thesis Booking Holdings turned in...
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Booking Holdings' CEO Isn't Worried About Airbnb
Wednesday, February 28, 2018 - 11:28am | 348Booking Holdings Inc. (NASDAQ: BKNG), formerly known as Priceline Group, reported its fourth quarter results on Tuesday which exceeded expectations, in part due to the travel business performing "very well." What You Need To Know Booking Holdings is taken full advantage of the fact that...