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Fly News Breaks for February 9, 2018
EXPE
Feb 9, 2018 | 05:48 EDT
Piper Jaffray analyst Michael Olson lowered his price target for Expedia to $135 after the company's fiscal 2018 EBITDA outlook missed expectations on increased spend. The analyst sees an "element of risk" if the spend does not translate to accelerating growth. He keeps an Overweight rating on the shares.
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