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Fly News Breaks for March 3, 2017
EXPE
Mar 3, 2017 | 06:54 EDT
Citi analyst Mark May upgraded Expedia to Neutral from Sell and raised his estimates for 2017 and beyond, citing greater comfort in the growth of the company's hotel business. The analyst, who noted that recently disclosed room night and bookings growth at HomeAway gives him a more bullish view on its long-term growth, raised his price target on Expedia shares to $130 from $116.
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