Information Provided By:
Fly News Breaks for November 5, 2015
EXPE
Nov 5, 2015 | 07:01 EDT
Oppenheimer upgraded Expedia (EXPE) to Outperform with a $157 price target on shares. Analyst Jed Kelly said Expedia's acquisition of HomeAway (AWAY) is highly accretive and will result in superior long-term earnings growth based on HomeAway's traveler monetization strategy, and 1.2M unique properties that can leverage Expedia's online-optimization capabilities. Kelly said Expedia's significant marketing budget will further solidify HomeAway's leading position in vacation rentals and sees limited churn from HomeAway's current subscriber base.
News For EXPE From the Last 2 Days
There are no results for your query EXPE
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.