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Fly News Breaks for May 1, 2015
EXPE
May 1, 2015 | 07:58 EDT
UBS raised its price target on Expedia to $110 from $102 following its Q1 results. The firm said the company's investments are now bearing fruit, as evidenced by synergies associated with its various acquisitions, increasing site conversion and double digit EBITDA growth expectations. UBS reiterated its Buy rating on Expedia shares.
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