Expedia (EXPE) Raises Quarterly Dividend 33.3% to $0.24; 0.9% Yield

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Cantor Fitzgerald Raises Price target on Expedia (EXPE) to $130 Following EPS Beat

July 31, 2015 9:58 AM EDT

Cantor Fitzgerald reiterated a Buy rating on Expedia (NASDAQ: EXPE), and raised the price target to $130.00 (from $120.00), following 2Q results. Revenue was $1,654M vs. consensus of $1,640M. EPS of $0.89 was above consensus' $0.84.

Analyst Naved Khan commented, "2Q results were comfortably ahead of Street... More