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Fly News Breaks for October 15, 2018
EXPE, TRIP
Oct 15, 2018 | 16:16 EDT
Evercore ISI analyst Anthony DiClemente initiated coverage of the online travel sector with a mixed outlook, starting TripAdvisor (TRIP) with an In Line rating. While the offline to online shift may have slowed, the travel market itself remains fragmented, leaving open the opportunity for share gains, said DiClemente, who calls Expedia (EXPE) his top pick in the space.