Expedia (EXPE) October weekly IV increases into Q3 and outlook

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Expedia (EXPE) PT Lowered to $140 at Stifel Following 3Q

October 27, 2017 7:16 AM EDT

Stifel lowered its price target on Expedia (NASDAQ: EXPE) to $140.00 (from $160.00) while maintaining a Hold rating following the company's 3Q. The company reported +11% bookings growth, ~200bps below consensus expectations, as the company faced some one-time impacts from hurricanes domestically. Management did not quantify the... More