Susquehanna analyst Shyam Patil lowered the firm’s price target on Expedia (EXPE) to $175 from $205 and keeps a Neutral rating on the shares. The firm said a softer US demand environment is impacting the business but they remain constructive on the long-term online hotels and alternative accommodations penetration story.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXPE:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue