Barclays Initiates Expedia With Overweight

Analysts at Barclays initiated coverage on

with a Overweight rating. The target price for Expedia is set to $125. Expedia shares have gained 46.90 percent over the past 52 weeks, while the S&P 500 index has surged 9.43 percent in the same period. Expedia shares jumped 0.17 percent to close at $107.63 yesterday.