Expedia (EXPE) PT Lowered to $225 at Credit Suisse
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Go back to Expedia (EXPE) PT Lowered to $225 at Credit Suisse
May 3, 2022 8:11 AM EDT
Jefferies analyst John Colantuoni lowered the price target on Expedia (NASDAQ: EXPE) to $200.00 (from $205.00) while maintaining a Hold rating following earnings.
The analyst commented, "Pent-up travel demand drove further recovery in GBV, with signs of continued improvement throughout 2022. However, we came away w/... More
May 3, 2022 6:15 AM EDT
Shares of Expedia (NASDAQ: EXPE) are up almost 2% in premarket trading Monday after the travel agency reported a better-than-expected Q1 adjusted EBITDA and said it expects a strong recovery in leisure travel.
The company reported a Q1 adjusted loss per share of 47c, compared to the loss per share of $2.02 in the year-ago period and expected loss per share of 43c. Revenue stood at $2.25 billion, up 80% YoY and in line with the... More
