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Fly News Breaks for July 21, 2016
TRIP, PCLN, EXPE
Jul 21, 2016 | 05:56 EDT
Piper Jaffray analyst Michael Olson says he prefers Expedia (EXPE) over Priceline (PCLN) into the Q2 earnings reports given the latter company's tendency to provide overly conservative guidance in the face of headwinds, namely Brexit. Expedia has a "high degree of flexibility" to maintain its guidance for 35%-45% EBITDA growth in 2016, Olson tells investors in a research note. He reiterates Overweight ratings on Expedia, Priceline and TripAdvisor (TRIP).
News For EXPE;PCLN;TRIP From the Last 2 Days
