Expedia shares sink after disappointing 2018 forecast
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Expedia (EXPE) PT Lowered to $132 at Credit Suisse; 'Disappointing 4Q results, but reaction overdone'
February 9, 2018 8:51 AM ESTCredit Suisse lowered its price target on Expedia (NASDAQ: EXPE) to $132.00 (from $151.00) while maintaining a Outperform rating.
Analyst P. Bieber commented, "4Q17 results were disappointing as EBITDA was light driven by $10mn negative hurricane impact, poor Trivago performance and an early ramp of... More
