Market Overview

UPDATE: Ascendiant Capital Markets Initiates Expedia at Buy on Global Growth in Travel

Share:
Related EXPE
Jefferies Names Winners For Its 10 Internet Themes
Deutsche Still Has Reservations About Trivago, Prefers Expedia

Ascendiant Capital Markets initiated coverage on Expedia (NASDAQ: EXPE) with a Buy rating and a $77.00 price target.

Ascendiant commented, "We believe that the company's leading position as the world's largest OTA will continue to benefit from an improving travel industry, the increasing trend towards online travel, and high growth potential in international markets. We expect Expedia's share price to increase over the near term as it continues to experience solid revenue and earnings growth."

Expedia closed at $61.99 on Wednesday.

Latest Ratings for EXPE

DateFirmActionFromTo
Jan 2017CitigroupInitiates Coverage OnSell
Jan 2017Stifel NicolausUpgradesHoldBuy
Jan 2017NeedhamInitiates Coverage OnBuy

View More Analyst Ratings for EXPE
View the Latest Analyst Ratings

Posted-In: Ascendiant Capital MarketsAnalyst Color Initiation Intraday Update Analyst Ratings

 

Related Articles (EXPE)

View Comments and Join the Discussion!