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Fly News Breaks for December 12, 2019
EXPE
Dec 12, 2019 | 08:37 EDT
Deutsche Bank analyst Lloyd Walmsley sees further near-term upside in Expedia shares given potential from a "normalizing" valuation multiple as investors discount a return to better medium-term EBITDA growth prospects. Further, he sees prospects for sustainably better improvements to the company's fixed cost structure and potential for asset rationalization. The analyst keeps a Buy rating on the shares.
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