Soleil Securities Upgraded Expedia (EXPE) to Buy (7/31)
More News related to EXPE
- Take Advantage of Winter Travel Discounts With Travel-Ticker.com
- Over the Highways and Through the Airports: More Americans Traveling This Holiday Season
- eLong, Inc. Reports Third Quarter 2008 Unaudited Financial Results
- Expedia (EXPE) CEO Buys 15K Shares
- Hey Travelers - Mind Your Manners!
More News related to Upgrades
- BMO Upgrades Spectrum Brands (SPC) to Market Perform
- Maxim Upgrades Palomar Medical (PMTI) to Buy
- RBC Capital Upgrades DSP Group (DSPG) to Sector Perform
- UBS Upgrades Morgans Hotel Group (MHGC) to Buy
- Janney Montgomery Scott Upgrades Wright Express Corp (WXS) to Buy.
Intra-Day yesterday, Soleil Securities upgraded Expedia (Nasdaq: EXPE) from Hold to Buy with a $26 price target, citing a combination of price and travel related diversification.
The firm said, "In our opinion, the potential recession's effect on leisure travel, and current industry headwinds (reduced airline capacity, increasing air ticket prices, potentially declining ADR's, increasing search costs, increasing supplier marketing) reasonably discounted in the current stock price."
Related Categories
UpgradesStocks Mentioned
-0.33Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
