Expedia (EXPE) Bullish Stance, $100 Price Target Reiterated at FBR Capital
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Susquehanna Maintains Bullish Stance on Expedia (EXPE) Despite Increased Spending
October 31, 2014 7:05 AM EDTSusquehanna analyst Brian Nowak reiterated a Positive rating and $97 price target on Expedia (NASDAQ: EXPE) following Q3 results.
"Solid beat and increased 4Q investment spending, but businesses and drivers for multi-quarter revision story still in place," Nowak said.
On spending... More
Expedia (EXPE) Tops Q3 EPS by 19c
October 30, 2014 4:02 PM EDTExpedia (NASDAQ: EXPE) reported Q3 EPS of $1.93, $0.19 better than the analyst estimate of $1.74. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.68 billion.
Gross bookings growth of 29% and revenue growth of 22% were primarily driven by strong hotel... More