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Fly News Breaks for May 26, 2015
EXPE
May 26, 2015 | 08:12 EDT
As noted earlier, JMP Securities upgraded Expedia to Outperform from Market Perform. The firm thinks the company is gaining share, building scale globally, streamlining itself, and making itself more profitable. The firm is upbeat on Expedia's technology platform that it launched a few years ago and thinks the company can benefit from an improved global travel market. Target $130.
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