tiprankstipranks
Expedia price target raised to $129 from $125 at Barclays
The Fly

Expedia price target raised to $129 from $125 at Barclays

Barclays analyst Mario Lu raised the firm’s price target on Expedia to $129 from $125 and keeps an Overweight rating on the shares. The analyst previewed Q4 earnings for the SMID cap internet sector and views subscription names such as the stocks best positioned to continue their outperformance. Across the three sub-sectors of video games, online travel, and subscription, video games is the most attractive due to the condensed window driven by the pending Activision/Microsoft deal "that could lift all boats if it were to go through," the analyst tells investors in a research note.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on EXPE:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles