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Fly News Breaks for May 23, 2016
EXPE
May 23, 2016 | 07:48 EDT
After conducting checks, Cantor says that Expedia's subsidiary, HomeAway, is doing well in the wake of its transition to a transaction-driven model. The firm thinks that HomeAway can easily surpass Expedia's target of $350M in EBITDA for the subsidiary in 2018. Cantor reiterates a $180 price target and Buy rating on Expedia.
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