Barclays analyst Trevor Young raised the firm’s price target on Expedia (EXPE) to $245 from $220 and keeps an Equal Weight rating on the shares as part of an earnings preview for the online travel group. The firm sees a “high buyside bar” for Expedia. Barclays expect commentary on solid demand through year-end, with online peers faring better than the broader travel ecosystem.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXPE:
- U.S. will halt issuing immigrant visas for 75 countries, Bloomberg reports
- Expedia price target raised to $270 from $180 at Morgan Stanley
- Expedia price target raised to $360 from $300 at B. Riley
- Here’s Why Barclays, Wells Fargo Upgraded Airbnb Stock (ABNB)
- Expedia price target raised to $329 from $272 at Wells Fargo