Expedia (EXPE) Tops Q1 EPS by 15c

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Expedia (EXPE) PT Raised to $147 at Piper Jaffray

April 29, 2016 6:55 AM EDT

Piper Jaffray analyst Michael Olson reiterated an Overweight rating and boosted his price target on Expedia (NASDAQ: EXPE) to $147.00 (from $140.00) following Q1 results with EBITDA materially above the consensus.

Olson commented, "Expedia reported significant (37%) EBITDA upside to consensus in Q1, with solid... More