Susquehanna Starts Expedia (EXPE) at Positive
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Pacific Crest Upgrades Expedia (EXPE) to Overweight
October 20, 2016 6:58 AM EDTPacific Crest upgraded Expedia (NASDAQ: EXPE) from Sector Weight to Overweight with a price target of $160. Analyst Brad Erickson noted positive HomeAway checks, along with favorable risk/reward.
"Conversations with property owners indicate overall high satisfaction with the HomeAway platform, very limited desire and ability to move to competing platforms and greater confidence in passenger fee... More
