Jefferies Raises Numbers on Orbitz Worldwide (OWW) After Q4

Jefferies raised estimates and its price target on Orbitz Worldwide Inc. (NYSE: OWW) from $3 to $3.60 following Q4 results.

The firm comments, "While we're encouraged by signs of progress towards better top-line growth/profitability, we're maint. a Hold rating to reflect a) challenges in HotelClub, b) risks of slower growth in air/vacation pkg (due to higher fares, FX) and OWW's reliance on the segments for 40%+ of revs and c) intense competition."

FY12 EPS goes from $0.20 to $0.32. Q1 was maintained at ($0.08).

For an analyst ratings summary and ratings history on Orbitz Worldwide Inc. click here. For more ratings news on Orbitz Worldwide Inc. click here.

Shares of Orbitz Worldwide Inc. closed at $3.10 yesterday.

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