Goldman Sachs analyst Heath Terry downgraded Expedia (EXPE) to Neutral from Buy with a price target of $120, down from $140. The analyst expects continued pressure on the company's advertising returns and believes the window for incremental efficiency as a result of competitor pullbacks has lapped. Further, the customer acquisition environment, particularly search, will continue to evolve in ways that further squeeze online travel agencies, Terry tells investors in a research note. The analyst says the trade-off between growth and margins in online travel continues to deteriorate amid "healthy" consumer and business travel demand, high occupancy rates, "muted" hotel room supply growth relative to occupancy, and growing competition from sources of traffic, particularly Google (GOOG, GOOGL). He remains Sell-rated on TripAdvisor (TRIP) and Neutral-rated on Booking Holdings (BKNG) and Trivago (TRVG).

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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Stay has announced a partnership with Booking.com. This strategic partnership allows Stay to expand their global property portfolio to guests worldwide through the properties listed on the Booking.com platform. Stay will now feature over 28 million reported listings available on Booking.com, offering guests unparalleled access to diverse accommodation options including homes, hotels, villas, apartments, and more. With Stay's commitment to excellence in hospitality and the expanded accommodation offering, travelers can expect a seamless booking experience and unparalleled stays across more than 175,000 destinations in more than 220 countries and territories across the globe.

In a regulatory filing, Alphabet disclosed that its CEO Sundar Pichai sold 22.5K shares of common stock on April 17th in a total transaction size of $3.54M.

Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. UPPING PARENTAL CONTROLS: The... To see the rest of the story go to thefly.com. See Story Here

Truist raised the firm's price target on Alphabet to $170 from $158 and keeps a Buy rating on the shares. The firm is expecting the company to report "solid" Q1 results driven by "healthy" user engagement that continues to drive more ad spending across Search and Social, helped by an ongoing recovery in pricing. Conversations with digital ad agencies suggest that the momentum seen in Q4 was sustained in Q1 across Search and YouTube, though the management's commentary for Q2 may be cautious given the macro environment, with continued emphasis on investments in Cloud and AI, the analyst tells investors in a research note.

The U.K. plans to hold talks this month with Apple (AAPL), Meta (META), Alphabet (GOOGL) and others to push a voluntary charter granting parents more control of social media use by young teens, Bloomberg's Ellen Milligan reports. According to people familiar with the matter, ministers want to launch a consultation later this month to gauge ways of limiting the potential harm to children caused by social media, and the proposed voluntary charter may involve tech firms agreeing to alert parents when their children are repeatedly looking up disturbing content. Reference Link