Market Overview

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

Share:
Related EXPE
Is Expedia Still A Buy? Wall Street Analysts Weigh In
Stocks Hitting 52-Week Highs
Expedia (EXPE) Hits a 52-Week High on Strong Q2 Results - Analyst Blog (Zacks)

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
Jul 2015BarclaysMaintainsOverweight
Jul 2015JefferiesMaintainsHold
Jun 2015Deutsche BankUpgradesHoldBuy

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)

Get Benzinga's Newsletters