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BofA: Priceline Remains A Second-Half Story
Tuesday, February 27, 2018 - 8:36am | 385Priceline Group Inc (NASDAQ: PCLN), which reports fourth-quarter earnings and changes its name to Booking Holdings on Tuesday, remains a second-half story, according to a report from Bank Of America Merrill Lynch. The Analyst BofA's Justin Post maintains a Buy rating on...
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Analyst: Expedia Faces Cyclical Pressures In 2018
Wednesday, February 21, 2018 - 5:47pm | 402Expedia Inc (NASDAQ: EXPE) shares are likely to be weighed down this year by pressures such as cyclical headwinds and increased competition from Airbnb, according to MKM Partners. The Analyst MKM Partners analyst Rob Sanderson maintains a Neutral rating on Expedia and lowered the...
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Morgan Stanley Debunks 3 Bear Myths Haunting The Online Travel Space
Saturday, January 13, 2018 - 11:48am | 485The online travel agency sector is structurally challenged, and the competitive threat from Airbnb poses a major challenge both now and over the long-term, according to many bears. But this isn't the case at all, a Morgan Stanley analyst said this week. The Analyst Earlier this...
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Expedia's Investments Will Pay Off In 2019, Morgan Stanley Says In Upgrade
Thursday, January 11, 2018 - 11:31am | 489The online travel agency space has some investors worried about structural issuesthat will hinder growth prospects. But that isn't the case, according to one notable Wall Street analyst who turned bullish on Expedia Inc (NASDAQ: EXPE). The Analyst Morgan Stanley's Brian Nowak upgraded...
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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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Trip Canceled: MKM Partners Downgrades Priceline On Near-Term Concerns
Thursday, December 7, 2017 - 1:38pm | 421The prospects for online travel agency Priceline Group Inc (NASDAQ: PCLN) have left a sell-side analyst concerned in the near term. The Analyst MKM Partners analyst Rob Sanderson downgraded shares of Priceline from Buy to Neutral and lowered his fair value estimate for the shares from $2,...
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Expedia's Challenges May Worsen In 2018, Analyst Says
Thursday, December 7, 2017 - 12:06pm | 435Analysts at MKM Partners see "cyclical and structural uncertainties" for the entire online travel agency group, with many of these woes specific to the U.S. market, which would prove to be a greater headwind for companies with outsized exposure to the domestic market — such as...
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3 Reasons To Stay Cautious On Priceline
Tuesday, November 7, 2017 - 11:18am | 334Priceline Group Inc (NASDAQ: PCLN) reported its third-quarter results, which came in better than expected but was accompanied with a concerning fourth-quarter guidance. The company also said it will be increasing its marketing spending. The Analyst Deutsche Bank's Lloyd Walmsley. The Rating...
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KeyBanc: TripAdvisor's Quarter Shows Consumers May Have Forgotten The Site's Value
Tuesday, November 7, 2017 - 9:56am | 334Tripadvisor Inc (NASDAQ: TRIP) reported third-quarter earnings Monday with a 1 cent-per-share earnings beat, but revenue of $439 million fell short of the $451.8 million analysts were expecting. Hotel revenue of $312 million also fell short of the $326.2 million analysts projected. The...
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Here's What Disappointed Some Priceline Investors About Q3
Tuesday, November 7, 2017 - 9:43am | 352Priceline Group Inc (NASDAQ: PCLN) reported its third-quarter results Monday — which came in better than expected, but were accompanied with concerning fourth-quarter guidance. The company also said it will be increasing its marketing spending. The Analyst KeyBanc Capital Markets'...
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3 Stocks Moving On Expedia's Q3 Miss
Friday, October 27, 2017 - 12:31pm | 328Shares of Expedia Inc (NASDAQ: EXPE) plummeted nearly 20 percent Friday after the company revised its earnings outlook for the year lower. During a conference call with analysts, the company also provided a cautious outlook for next year. While some of Wall Street's top analysts, including UBS's...
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'PE FANG' Is The New 'FANG,' Says Internet Analyst Mark Mahaney
Friday, September 29, 2017 - 12:20pm | 434Notable internet analyst Mark Mahaney of RBC Capital is a fan of the "FANG" group, but he feels an addition of two names to create "PE FANG" would be more appropriate. The "FANG" group brings together four of the biggest internet-related names, including Facebook Inc (...
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Trivago Takes A Trip From Overweight To Equal-Weight At Morgan Stanley
Thursday, September 28, 2017 - 11:04am | 373Analysts at Morgan Stanley turned bearish on Trivago NV - ADR (NASDAQ: TRVG) amid multiple headwinds ahead. The firm's Brian Nowak downgrades Trivago's stock rating from Overweight to Equal-Weight with a price target slashed from $22 to $12. Triavgo's business model is currently undergoing a...
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Gadfly's Tan: TripAdvisor Is Finally 'Laying The Groundwork' To Be Acquired
Thursday, August 24, 2017 - 1:32pm | 396Investors and Wall Street have been speculating for quite some time that Tripadvisor Inc (NASDAQ: TRIP) is destined to be sold to a larger travel peer. But each time this rumor presents itself TripAdvisor remains a standalone company — but this time around its different, according to Gadfly's...
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4 Reasons Not To Book Room For TripAdvisor Shares In Your Portfolio
Monday, June 19, 2017 - 12:10pm | 370Shares of Tripadvisor Inc (NASDAQ: TRIP) lost more than 3 percent Monday morning and hit a new 52-week low of $36.75, before proceeding even lower, after analysts at Credit Suisse explained in a downgrade note why the stock still has "room to trip" lower. Credit Suisse's Paul Bieber downgraded...