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Fly News Breaks for October 26, 2015
AWAY
Oct 26, 2015 | 07:45 EDT
Cowen upgrade HomeAway to Outperform from Market Perform as they expect a traveler fee starting in 2017 that could double monetization. The firm also believes online booking potential could re-ignite underlying growth and noted that channel checks show strength in core beach/ski markets. Cowen raised its price target on HomeAway to $40 from $34.
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